Word: deposit
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...return double that of the average CD. tiaa-cref's tax-deferred annuity returns a fixed 4.7% annually through next March (when the return will be adjusted) for contributions made through October. The program works much like a money-market account but with a few restrictions. You make a deposit (the minimum is $250) and add to it as often as you like. Once you reach age 59 1/2, you are allowed but not required to make a withdrawal every six months. There is a 10% penalty for early withdrawals...
While staying in Cambridge last summer, my roommate and I had the pleasure of having our deposit turned into an interest-free loan to the person from whom we were subletting, who after ignoring us or claiming the check was “in the mail,” repaid our $400 only six months after we had vacated the apartment...
...only apartment I could find was in a slum area" suffering from "drug issues, gang issues and neglect." Brewster finally found a place close to her old neighborhood, but she had to empty her savings and borrow to scrape together the $800 a month and $1,500 security deposit...
...wipe the big banks out." Online banking is growing steadily across Europe. NetValue, a market research firm, says the number of unique visitors to Internet bank sites in eight large European markets jumped 15% between October 2001 and May 2002, to nearly 22.5 million. Each visit might represent a deposit, an electronic payment or just a peek at an account balance. In Continental Europe, online banking is dominated by traditional banks. But in the U.K., even though "High Street" banks have more online customers overall, four pure-play Net banks - Egg, Smile, Intelligent Finance and Cahoot - have made impressive inroads...
...British economy has come to depend on people like 26-year-old Rebecca Holyhead. She and her boyfriend Dave are about to put down the deposit on their first house. It may not sound like much - a two-bedroom semi-detached that used to be public housing, on the outer fringe of London and far from the Tube - but it's costing them a heady ?150,000, more than three times their combined annual salaries. (She's a nuclear safety engineer; he works in local government. Their parents are pitching in on the deposit.) Though...