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direct deposit
This term is primarily used in financial, corporate, and governmental contexts to describe the automation of payments. It carries a connotation of efficiency and modernity, contrasting with the manual process of issuing and cashing physical paper checks.
As a noun, it refers to the system or the specific transaction of electronic transfer. When used as a verb, it describes the action of initiating this transfer. While "direct deposit" is the standard term for payroll and government benefits, "wire transfer" is often used for larger, one-time, or international payments, though the two are technically different banking mechanisms.
Meanings
Examples
I prefer direct deposit because I do not have to go to the bank to cash a check.
Please fill out this form so we can set up your direct deposit.
The company will direct deposit your salary every other Friday.
Can I change the bank account used for my direct deposit?
Most employers now direct deposit wages to save on administrative costs.
The government uses direct deposit to distribute social security benefits.
The government uses direct deposit to distribute social security benefits.
I need to provide my routing number for the direct deposit to work.