(ていきよきん)

ていきよきん
noun
time deposit; fixed-term deposit; term savings
economicsdaily-life
1. time deposit; fixed-term deposit; term savings
A type of bank deposit where money is deposited for a set period of time at a fixed interest rate. Early withdrawal typically incurs a penalty or reduced interest.
定期預金(ていきよきん)(あず)ける
To put money in a time deposit.
定期預金(ていきよきん)金利(きんり)(ひく)
The interest rate on time deposits is low.
一年(いちねん)定期預金(ていきよきん)満期(まんき)(むか)えた
My one-year time deposit has reached maturity.
Time deposits have a higher interest rate than regular savings accounts.

Compound of 定期(ていき) (fixed-term) and 預金(よきん) (deposit/savings). Often abbreviated as 定期(ていき) in casual speech. A basic financial product offered by all Japanese banks.

Common collocations

Similar words