night deposit

night deposit
A bank deposit made after banking hours by placing the deposit and deposit slip in a bag or secure package and then placing the bag or package in a chute provided by the bank for receiving such deposits. 10 Am J2d Banks § 358.

Ballentine's law dictionary. . 1998.

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  • deposit — de·pos·it 1 /di pä zət/ vt 1: to place for safekeeping or as security may deposit the property with the court; esp: to put in a bank account 2 in the civil law of Louisiana: to place (movable property) under a deposit the depository can not make… …   Law dictionary

  • night safe — noun A safe in the outside wall of a bank, in which customers can deposit money when the bank is closed • • • Main Entry: ↑night * * * night safe UK US noun [countable] [singular night safe plural …   Useful english dictionary

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  • night safe — ➔ safe2 * * * night safe UK US noun [C] (also night depository) BANKING ► a box in the wall of a bank where a person or company can put money or valuable objects when the bank is closed: »I asked my assistant to deposit the money in the night… …   Financial and business terms

  • Night safe — or Nightsafe can refer to: A deposit slot on, e.g., the outside of a bank, allowing money etc. to be deposited into the bank s safe outside of bank opening hours, e.g. at night[1] A scheme in the UK to reduce alcohol related crime[2] A UK charity …   Wikipedia

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  • night — n. 1 the period of darkness between one day and the next; the time from sunset to sunrise. 2 nightfall (shall not reach home before night). 3 the darkness of night (as black as night). 4 a night or evening appointed for some activity, or spent or …   Useful english dictionary

  • Night — n. 1 the period of darkness between one day and the next; the time from sunset to sunrise. 2 nightfall (shall not reach home before night). 3 the darkness of night (as black as night). 4 a night or evening appointed for some activity, or spent or …   Useful english dictionary

  • Night Cycle — An option created in 1979 to process Automated Clearing House (ACH) transfers (debits and credits) at night, generally between 10:00 p.m. and 1:30 a.m. Eastern Standard Time (EST). The ACH is a nationwide system for transferring money… …   Investment dictionary

  • Night Depository — A bank drop box where merchants can deposit their daily cash, checks and credit card slips outside of banking hours. The bank collects the deposits and credits them to the merchant s account on the following business day. Night depositories… …   Investment dictionary

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