A short term deposit is an amount of money deposited in a bank or financial institution for no longer than a year.[1]
References
- ^Short Term Deposit, International Deposit, Interest Rates Exchange. Accessed 2012-05-14.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.