Glossary entry

Serbian term or phrase:

oročiti

English translation:

to make fixed-term/time deposit; to term deposit

Added to glossary by Lj Popovic
Jul 22, 2009 11:34
14 yrs ago
21 viewers *
Serbian term

oročiti

Serbian to English Bus/Financial Economics
- vlasnica i njen suprug oročili slobodna sredstva
Change log

Jul 22, 2009 13:34: Mira Stepanovic changed "Term asked" from "orociti" to "oročiti"

Proposed translations

+8
15 mins
Serbian term (edited): orociti
Selected

to make fixed-term/time deposit


oročiti - to make fixed-term deposits
(Landa M, Privredno-poslovni rečnik en-srh)


"Commonwealth Consolidated Acts
...
"fixed term deposit" means an interest bearing deposit lodged for a fixed period."
( http://www.austlii.edu.au/au/legis/cth/consol_act/poca200216... )


"Time deposit
A time deposit (also known as a term deposit, particularly in Canada, Australia and New Zealand; a bond in the United Kingdom; fixed deposit in Sri Lanka and in some other countries) is a money deposit at a banking institution that cannot be withdrawn for a certain "term" or period of time. When the term is over it can be withdrawn or it can be held for another term. Generally speaking, the longer the term the better the yield on the money. A certificate of deposit is a time-deposit product."
( http://en.wikipedia.org/wiki/Time_deposit )
Note from asker:
Hvala :)
Peer comment(s):

agree Kire Dimik
8 mins
hvala
agree Natasa Djurovic : Ili- to term deposit. Bankarski recnik B. Simudric
35 mins
hvala
agree Dzasmin
52 mins
hvala
agree Marika
1 hr
hvala
agree Bogdan Petrovic
2 hrs
hvala
agree zoe1
3 hrs
hvala
agree Milena Chkripeska
4 hrs
hvala
agree maja brown
20 hrs
hvala
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4 KudoZ points awarded for this answer.
29 mins
Serbian term (edited): orociti

to make in time deposits

izvor - interni rečnik bankarskih termina
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1 hr
Serbian term (edited): orociti

(to buy/open a) certificate of deposit (CD)

xxx
Example sentence:

A certificate of deposit or CD is a time deposit, a financial product commonly offered to consumers by banks, thrift institutions, and credit unions.

A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC.

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