depositing
it is a credit. Depositing money into an account is putting money in.
to deposit moneyA Deposit is the act of putting money into an account.
Generally yes but remember that you are putting the money into THEIR account and they can spend the money that you deposited for any reason and you have no recourse because it is THEIR money.
Withdrawing money means taking money out of an account, while depositing money means putting money into an account.
Whoever is the trustee(s) of the trust for the estate is responsible for the account, including putting money in it.
Another word for putting money into an account is "deposit." This term refers to the act of adding funds to a bank account or financial account, increasing the balance. Deposits can be made in various forms, including cash, checks, or electronic transfers.
dept
The opposite of "deposit" is "withdraw." Deposit involves putting money into an account or storage, whereas withdraw involves taking money out of an account or storage.
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An online money market account is basically putting your bank account online that is invested specifically for market. It would typically have higher interest rates for your savings that a typical bank account would.
They save by putting their money in a bank account because in stocks its more like gambling and hoping for the best. In a bank account you have a guarantee that you have your money and how much you put in. Also in a stock you can quickly be a millionaire or become broke depending on the stocks.
It would be a good idea to invest your money instead of putting it in a savings account when you are looking for potentially higher returns over a longer period of time and are willing to take on some level of risk.