deposit insurance fund

deposit Verb

— If you deposit something, you put it down in a place. — If you deposit money, you put it into a bank account. I deposited £50 in my bank account. — If you deposit a coin or a note, you put it into a machine to buy something.

deposit Noun

— A deposit is something put down or left behind. — A deposit is money or other valuables left in a bank to be kept safe. I put my jewelry in my safe deposit. — A deposit is a part payment for an item. I paid a £50 deposit for my new television. — A deposit is a security left when borrowing something. — A deposit is a layer of matter that is found under a surface.

insurance Noun

— Insurance is an agreement where someone pays a small amount of money, and if something bad happens, they get money to help them. I have fire insurance for my house.

fund Noun

— A fund is an amount of money kept for a specific purpose. GM cannot afford to keep paying into the company pension fund. Our fund-raising campaign has a target of $100,000. — An organisation's funds are the money that it has. The school is raising funds to pay for the new library. The sports centre closed because of a lack of funds.

fund Verb

— If you fund something, you give it money for its activities. The project is jointly funded by the Government of Canada and the International Red Cross. The university will no longer fund research into this drug.