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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Accident insurance

Accident insurance is a policy that pays benefits to the beneficiary in the case of injuries or even death by accident. The exact amounts are…

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