Term deposit

 

Meaning of the word: Term deposit

Term deposit is a type of bank account that guarantees the interest rate of the deposit the client. It is concluded for a specified period and at the same time to a specific interest, which may be fixed in nominal terms or according to the current bank interest rates. For the duration of the loan period, the term deposit is closed to any deposit transactions.

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iDNES.cz

iDNES is czech news portal. It was founded in 1998 and it is run by company MAFRA. MAFRA also distributes newspapers Mladá Fronta DNES. Currently…

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