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pre-encashable deposit

A flexible deposit instrument, typically a term deposit, CD or GIC, which allows for withdrawals without penalty on the principal. Generally includes some minimum deposit, or length of time before a withdrawal may be made.

Related information about pre-encashable deposit:
  1. Pre-Encashable Deposit Definition | Investopedia
    A deposit made in a term deposit or CD that allows the account holder to withdraw funds without penalty to the principal. A pre-encashable deposit is a popular ...
     
  2. What is pre-encashable deposit? definition and meaning
    Definition of pre-encashable deposit: A flexible deposit instrument, typically a term deposit, CD or GIC, which allows for withdrawals without penalty on the ...
     
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  5. What is withdrawal? definition and meaning
    withdrawal plan · functional cost analysis (FCA) · Uniform Gift to Minors Act · interest option · cash withdrawal · pre-encashable deposit · liquid certificate of ...
     
  6. What is flexible? definition and meaning
    Fannie Mae Community Home Buyers Program · retractable bond · medium-term note · flex space · pre-encashable deposit · liquid certificate of deposit · flexible ...
     
  7. What is penalty? definition and meaning
    ... 403 for related 1120 reit form field audit non interest income debenture redemption reserve privilege esa pre encashable deposit contingency early withdrawal ...
     
  8. What is GIC? definition and meaning
    Related Terms. pre-encashable deposit · participating GIC · bullet contract · guaranteed investment certificate (GIC). Mentioned in these terms. participating GIC ...