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Meaning of deposit contract | Babel Free

Noun CEFR B2

Definitions

A contractual agreement governing the handling of deposited assets, for example in a bank.

Examples

“Diamond and Dybvig show that a bank offering an ordinary deposit contract can provide allocations superior to those of simple exchange markets.”

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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