Special deposit

Also found in: Dictionary, Financial.

SPECIAL DEPOSIT. A deposit made of a particular thing with the depositary: it is distinguished from an irregular deposit.
     2. When a thing has been specially deposited with a depositary, the title to it remains with the depositor, and if it should be lost, the loss will fall upon him. When, on the contrary, the deposit is irregular, as where money is deposited in a bank, the title to which is transferred to the bank, if it be, lost, the loss will be borne by the bank. This will result from the same principle; the loss will fall, in both instances, on the owner of the thing, according to the rule res perit domino. See 1 Bouv. Inst. n. 1 054.

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It also paid 3 mln euros in a special deposit tax recently introduced by the Cypriot government for a two-year period.
SBI also hiked deposit rates of two special deposit schemes by 0.
Alternatively, you can call us on our special deposit information line: 0700 144 88.
He said the bank offered special deposit schemes for NRIs and also could book forward contracts for clients who wanted to hedge balances in rupee deposits.
The Fed, working with the Treasury Department, said both agencies believe the facility is necessary to prevent substantial disruptions to the financial markets and the economy, and will make a special deposit at the Federal Reserve Bank of New York in support of this facility.
She was a special deposit teller at Shawmut Bank in Worcester retiring in 1993.
Whether it's a large cash gift or a special deposit, helping a homebuyer to purchase the home of their dreams is a gift that lasts a lifetime.
25 per cent levy on interest earned, a special deposit account to pay grants to small credit unions to cover the cost of items such as software, registrations fees and welcome packs for members.
Be aware that such things as "free checking" may be free only for a limited time or have special deposit requirements.
Avertisements blossomed in the pages of The Wall Street Journal and The New York Times, promoting CDs and other special deposit deals to be had in towns and at rates that the Cleavers had never heard of.
This is as the BSP opted not to open its 28-day special deposit window in the wake of persistent undersubscription.

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