Deposit account definition

[ivy]

Test No. incompl/inter-11 "Accounts", question 9

If you have saved some money, it is a good idea to put the money into a ......... account.

(a) heap
(b) pile
(c) lump
(d) deposit

Test No. incompl/inter-11 "Accounts", answer 9

If you have saved some money, it is a good idea to put the money into a deposit account.

Correct answer: (d) deposit

Your answer was: correct
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Though I did it correct. but I'm not sure why is DEPOSIT, not the others. Would you please explain those four choices ,thanks!

[Alan]

Hi Ivy,

Deposit is essentially a financial term although it can be used with other meanings. Heap and pile are very similar and describe things one on top of the other as in a pile of books and a heap of clothes - perhaps heap is more untidy. A lump is a swelling on the skin.

Alan
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