Definitions of term deposit
money invested for a fixed period that gives a higher rate of interest than is usual
He can earn interest ranging from 35 basis points on demand deposits to a maximum of 3.3 percent on a one-year term deposit.
There are multiple definitions - click on the translation that matches your context.
term deposit means:
depósito a plazo means:
full
noun
money invested for a fixed period that gives a higher rate of interest than is usual
He can earn interest ranging from 35 basis points on demand deposits to a maximum of 3.3 percent on a one-year term deposit.