taxonomy |
nondepository |
As a noun taxonomy
is the science or the technique used to make a classification.
As an adjective nondepository is
(finance) relating to an entity whose financial activities are not based on deposits.
deposit |
nondepository |
In finance terms the difference between deposit and nondepository
is that
deposit is a sum of money or other asset given as an initial payment, to show good faith, or to reserve something for purchase while
nondepository is relating to an entity whose financial activities are not based on deposits.
As a noun deposit
is sediment or rock that is not native to its present location or is different from the surrounding material. Sometimes refers to ore or gems.
As a verb deposit
is to lay down; to place; to put.
As an adjective nondepository is
relating to an entity whose financial activities are not based on deposits.