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fixed deposit

/ˌfɪkst dɪˈpɒzɪt/noun

उच्चारण फ़िक्स्ट डिपॉज़िट

सावधि जमा, फ़िक्स्ड डिपॉज़िट, एफ़डी

Core word

noun
  1. 1

    [C]

    an amount of money that you put in a bank for a fixed period of time, at a fixed rate of interest that is usually higher than in a savings account

    सावधि जमा, फ़िक्स्ड डिपॉज़िट, एफ़डी

    • Her parents kept the money in a fixed deposit for five years.
    • Breaking a fixed deposit early may mean you get less interest.
    • My uncle opened a fixed deposit in the post office.
    + 2 more examples
    • The interest on a fixed deposit is taxable.
    • She withdrew her fixed deposit to pay for college.

    Synonyms term deposit

≈Synonyms and antonyms

Synonyms

term deposit

?Which word?

Do not confuse a fixed deposit (a lump sum deposited once for a fixed period) and a recurring deposit (a fixed amount deposited every month for a fixed period).

Fixed deposit (एक निश्चित अवधि के लिए एक बार में जमा की गई पूरी राशि) और recurring deposit (एक निश्चित अवधि तक हर महीने जमा की जाने वाली निश्चित राशि) में भ्रमित न हों।