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DEP in Banking Meaning

The DEP meaning in Banking terms is "Deposit". There are 3 related meanings of the DEP Banking abbreviation.

DEP on Banking Full Forms

  1. Deposit An amount of money placed with a bank for safekeeping, convenience, and/or to earn interest.
  2. Depreciation The amount by which a vehicle (or any physical item) loses its value over time. In vehicle lease transactions, the projected depreciation of the vehicle is used to determine the vehicles projected residual value and the monthly lease payments.
  3. Depository

Frequently Asked Questions (FAQ)

  1. What does DEP stand for Banking?

    DEP stands for Depreciation in Banking terms.

  2. What is the shortened form of Deposit in Banking?

    The short form of "Deposit" is DEP for Banking.

Citation

DEP in Banking. Acronym24.com. (2021, October 25). Retrieved November 18, 2024 from https://acronym24.com/dep-meaning-in-banking/

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