Crash Game Glossary
There may be some technical terms used in the crash game and chat. If you are a new player, you may have trouble understanding what these mean and even lose games and money because you don’t know the meaning of some words. We have prepared the Crash game glossary to guide and help you. On this page you will find information about Deposit.
What is Deposit
A deposit is a financial term that means money held at a bank. A deposit is a transaction involving a transfer of money to another party for safekeeping. Deposit refers to the money an investor transfers into a savings or checking account held at a bank or credit union.
In this usage, the money deposited still belongs to the person or entity that deposited the money, and that person or entity can withdraw the money at any time, transfer it to another person’s account, or use the money to purchase goods.
Often, a person must deposit a certain amount of money in order to open a new bank account, known as a minimum deposit. Depositing money into a typical checking account qualifies as a transaction deposit, which means that the funds are immediately available and liquid, without any delays.