Meaning of the word "direct deposit" in English
What does "direct deposit" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
direct deposit
US /dəˈrekt dɪˈpɑː.zɪt/
UK /daɪˈrekt dɪˈpɒz.ɪt/
Noun
a method of payment in which money is transferred electronically directly into a person's bank account
Example:
•
Most employees prefer to receive their salary via direct deposit.
•
You need to provide your bank details to set up direct deposit.
Related Word: