qualifying deposit

USAGE SUMMARY

The phrase "qualifying deposit" is correct and usable in written English.
It is typically used in financial contexts to refer to a deposit that meets specific criteria to qualify for a particular benefit or promotion. Example: "To take advantage of the promotional interest rate, you must make a qualifying deposit of at least $1,000."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Bank of America will waive its $12 fee if you have at least one qualifying deposit of $250 or more.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

If a medium-sized bank goes bust, prefunded schemes can usually pay depositors immediately; European countries insure qualifying deposits up to €100,000.

The Economist

For purposes of this section, eligible depositors are depositors holding qualifying deposits at the bank as of a date designated in the bank's plan of conversion that is not less than one year prior to the date of adoption of the plan of conversion by the converting bank's board of directors/trustees.

Cornell University

If you bank with Chase, for example, the Total Checking account requires a minimum daily balance of $1,500 to avoid the $12 maintenance fee but it's waived for customers who have at least $500 in qualifying direct deposits each month.

Huffington Post

This technology is principally qualified to deposit alloys by evaporation from a single-crucible.

Surface and Coatings Technology

At the units that qualify for deposit insurance, the minimum will be 6%.In this section The prodigal son On their own Step change Knowing too much A dream dispelled Beyond Basel The ugly twins of finance The benefits of Brentry ReprintsAs a result, big American banks will have to raise about $22 billion in capital.

The Economist

Three wheat caleosin mRNA (i.e. cDNA) equivalent sequences Ta- Clo4-B, Ta- Clo10-2-D, Ta- Clo11-A were derived from genomic sequences at the WSS database and do not qualify for deposit at GenBank.

BMC Genomics

Qing Ju bike has said that users that use Sesami Credit, a third party credit app, may qualify for deposit-free ride sharing, which would help to keep liabilities low for Qing Ju.

Forbes

The book might qualify for a deposit in my spank bank if I got off on men buying women expensive presents.

The Guardian - Opinion

Maryland Gov. Harry R. Hughes, seeking to calm depositors in the 102 state-chartered savings and loan associations, expressed confidence Wednesday that two or three of the larger institutions would qualify for federal deposit insurance by the end of the week.

Los Angeles Times

Britannia building society has announced a range of two-year fixed-rate deals (with an arrangement fee of £549) with rates starting at 4.74%, but you would need a 40% deposit to qualify, and with a minimum 15% deposit you could pay 5.74%.

The Guardian - Money

Expert writing Tips

Best practice

When using the term "qualifying deposit", always specify the criteria that the deposit must meet to avoid ambiguity. For example, "To earn the bonus, you must make a qualifying deposit of at least $500."

Common error

Avoid using "qualifying deposit" without specifying what makes the deposit qualify. Ensure the audience understands the specific requirements, such as minimum amount, deposit type, or timeframe.

Linguistic Context

The phrase "qualifying deposit" functions as a noun phrase, where "qualifying" acts as an adjective specifying the type of deposit. It's frequently used to denote a deposit that meets certain conditions for eligibility, as supported by Ludwig's examples.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Academia

33%

Science

33%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "qualifying deposit" is a noun phrase used to describe a deposit that meets specific criteria, often in a financial context. According to Ludwig, the phrase is grammatically sound and typically used to inform or specify the conditions of an offer or account. It is most commonly found in news, academic, and scientific sources, maintaining a professional and neutral tone. When using this phrase, it's essential to clearly define the qualifying criteria to avoid ambiguity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

eligible deposit

Replaces "qualifying" with "eligible", indicating suitability for a specific purpose.

qualifying direct deposit

Adds "direct" to specify the type of deposit that meets the criteria.

qualifying initial deposit

Adds "initial" to specify that the first deposit must meet the criteria.

required deposit

Focuses on the necessity of the deposit to meet certain conditions.

minimum qualifying deposit

Specifies the lowest acceptable amount for a deposit to qualify.

deposit that qualifies

Rephrases to emphasize the action of qualifying.

deposit meeting requirements

Highlights adherence to specified criteria.

qualifying funds

Uses "funds" instead of "deposit", broadening the scope slightly.

deposit that satisfies criteria

Emphasizes the fulfillment of certain standards.

approved deposit

Indicates formal acceptance based on meeting conditions.

FAQs

What is a "qualifying deposit"?

A "qualifying deposit" is a deposit that meets specific criteria set by a financial institution to be eligible for a particular benefit, such as waiving fees or earning a higher interest rate.

How can I ensure my deposit is a "qualifying deposit"?

To ensure your deposit qualifies, carefully review the terms and conditions of the offer or account. Look for details about minimum amounts, deposit methods (e.g., direct deposit), and any required timeframes.

What are some alternatives to the phrase "qualifying deposit"?

You can use alternatives like "eligible deposit", "required deposit", or "approved deposit" depending on the specific context.

Is a "qualifying deposit" the same as a direct deposit?

Not necessarily. A direct deposit can be a type of "qualifying deposit" if it meets the criteria set by the financial institution. However, other types of deposits, such as mobile check deposits or cash deposits, may also qualify depending on the terms.