special deposit

A bank deposit that is made for a specific purpose, that is kept separately, and that is to be returned to the depositor.

• The bank serves as a bailee or trustee for a special deposit.

— Also termed specific deposit. [Cases: Banks and Banking 153. C.J.S. Banks and Banking §§ 283–287, 290.]

---

词条贡献者

译者Glen，毕业于世界顶级翻译学院，擅长翻译各种与房地产诉讼相关的法律文件。