direct deposit

noun

: a method of payment in which money is transferred to the payee's account without the use of checks or cash

Examples of direct deposit in a Sentence

Our employees are paid by direct deposit.
Recent Examples on the Web The state sent the money straight into the bank accounts of 7.2 million households that had signed up for direct deposit, paying an average of $555, according to the tax board. Jon Healey, Los Angeles Times, 23 May 2024 The 1099 contractor portal is a secure self-service platform for 1099 contract workers granting them access to view and edit their personal and direct deposit information, and their payment history from clients. Sacramento Bee, 8 May 2024 See all Example Sentences for direct deposit 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'direct deposit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1974, in the meaning defined above

Time Traveler
The first known use of direct deposit was in 1974

Dictionary Entries Near direct deposit

Cite this Entry

“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 29 May. 2024.

Last Updated: - Updated example sentences
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