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Community: Investing Wiki

Term Of The Hour

same day deposits: Original post by Eric Feigenbaum of Demand Media Same day deposits are common for annuities. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/251/213/AA000071.jpg?w=700&h=700&keep_ratio=1 Keith Brofsky/Photodisc/Getty Images Every financial institution has a cut-off time for deposits each day. Deposits made before the cut-off time are credited on the day of…

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