"statutory deposit" meaning in English

See statutory deposit in All languages combined, or Wiktionary

Noun

Forms: statutory deposits [plural]
Head templates: {{en-noun}} statutory deposit (plural statutory deposits)
  1. An amount of money that a bank or insurance company is legally required to keep on hand rather than investing. Related terms: fractional reserve banking Translations (Translations): depósito legal [masculine] (Spanish)
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      "tags": [
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  "head_templates": [
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      "expansion": "statutory deposit (plural statutory deposits)",
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  "lang_code": "en",
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      "examples": [
        {
          "ref": "2001, OECD, Insurance Regulation and Supervision in Asia and Latin America:",
          "text": "Statutory deposit can function as a policyholders' protection fund.",
          "type": "quote"
        },
        {
          "ref": "2004, Best's Key Rating Guide: Life/health, United States & Canada, page A-73:",
          "text": "Of the $1.5 million, $900,000 is mandated to be a statutory deposit with this state.",
          "type": "quote"
        },
        {
          "ref": "2014, F. Arnaboldi, Deposit Guarantee Schemes: A European Perspective:",
          "text": "Both bank associations govern the respective statutory deposit funds and the voluntary deposit funds, but statutory and voluntary funds are kept legally separate.",
          "type": "quote"
        }
      ],
      "glosses": [
        "An amount of money that a bank or insurance company is legally required to keep on hand rather than investing."
      ],
      "id": "en-statutory_deposit-en-noun-WQ-YniY4",
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        ],
        [
          "bank",
          "bank"
        ],
        [
          "insurance",
          "insurance"
        ],
        [
          "legally",
          "legally"
        ],
        [
          "require",
          "require"
        ],
        [
          "invest",
          "invest"
        ]
      ],
      "related": [
        {
          "word": "fractional reserve banking"
        }
      ],
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        {
          "code": "es",
          "lang": "Spanish",
          "sense": "Translations",
          "tags": [
            "masculine"
          ],
          "word": "depósito legal"
        }
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  "word": "statutory deposit"
}
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      "word": "fractional reserve banking"
    }
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          "ref": "2001, OECD, Insurance Regulation and Supervision in Asia and Latin America:",
          "text": "Statutory deposit can function as a policyholders' protection fund.",
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        },
        {
          "ref": "2004, Best's Key Rating Guide: Life/health, United States & Canada, page A-73:",
          "text": "Of the $1.5 million, $900,000 is mandated to be a statutory deposit with this state.",
          "type": "quote"
        },
        {
          "ref": "2014, F. Arnaboldi, Deposit Guarantee Schemes: A European Perspective:",
          "text": "Both bank associations govern the respective statutory deposit funds and the voluntary deposit funds, but statutory and voluntary funds are kept legally separate.",
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      ],
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        "An amount of money that a bank or insurance company is legally required to keep on hand rather than investing."
      ],
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          "money",
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        [
          "bank",
          "bank"
        ],
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          "insurance",
          "insurance"
        ],
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        ],
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          "require",
          "require"
        ],
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          "invest",
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        ]
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  ],
  "translations": [
    {
      "code": "es",
      "lang": "Spanish",
      "sense": "Translations",
      "tags": [
        "masculine"
      ],
      "word": "depósito legal"
    }
  ],
  "word": "statutory deposit"
}

Download raw JSONL data for statutory deposit meaning in English (1.7kB)


This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2025-01-10 from the enwiktionary dump dated 2025-01-01 using wiktextract (df33d17 and 4ed51a5). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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