Irregular deposit

IRREGULAR DEPOSIT. This name is given to that kind of deposit, where the thing deposited need not be returned; as, where a man deposits, in the usual way, money in bank for safe keeping, for in this case the title to the identical money becomes vested in the bank, and he receives in its place other money.

References in periodicals archive ?
Aside from the irregular deposit, the court's earlier verdict questioned Baja's disregard of the proper procedures in the use of the insurance payments for repairs because he had engaged a contractor different from that specified by the Department of Foreign Affairs.
* deposit of monetary funds or other fungible goods and consumable by their nature, also called as irregular deposit;
This is the reason the public was miffed that in the case of the National Youth Service, where some Sh791 million was lost in the first scam, so many suspect transactions were made irregular deposits and huge withdrawals but the banks never raised the alarm notwithstanding the existing regulations outlawing such.So far, the Central Bank has punished five banks KCB, Equity, Standard Chartered, Diamond Trust and Co-operatives for handling money stolen from the NYS.
Among the constraints on the ratings the agency named KSL's unsatisfactory financial performance and irregular deposits on its dues.
His analysis of Roman law's treatment of irregular deposits is especially masterful and deserves careful attention.
We have as a guide the vast research that has implicated dietary animal fats in development of atherosclerosis, the condition in which inner layers of the artery wall are made thick by irregular deposits of fatty substances and other materials, thereby decreasing the diameter of artery channels.
Limestone forests are found only on the older, southern islands in the archipelago and they are defined by irregular deposits known as karst.