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 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 On May 9, 2015, he was stuck at Taco Bell, dealing with rude customers, when his paycheck landed via direct deposit. Stuart Miller, Los Angeles Times, 3 May 2024 Another feature, a direct deposit fraud prevention block, stops anyone from enrolling in direct deposit, or changing your address or direct deposit information through your online account or a financial institution. Tara Siegel Bernard, New York Times, 9 Mar. 2024 Traditionally, around two-thirds of taxpayers receive a refund at tax time, and they are usually issued in about 21 days, assuming e-filing and direct deposit. Kelly Phillips Erb, Forbes, 17 Feb. 2024 Many banks offer one or more options for waiving the fee, such as keeping a certain balance in the account, or establishing monthly direct deposit or electronic bill pay. Martha C. White, wsj.com, 3 Oct. 2023 Skip the paper, file electronically Many of the headaches that taxpayers encounter, including easily avoidable errors and long wait times for refunds, could be sidestepped if everyone filed electronically and used direct deposit. Jill Schlesinger, The Mercury News, 5 Feb. 2024 People expecting a refund and wanting to take it as a direct deposit or direct debit also should have relevant bank account information handy. The Arizona Republic, 6 Mar. 2024 Much depends on whether the tax filer electronically files the tax return, chooses direct deposit, and the IRS has no other issues with the return, the IRS said. Susan Tompor, Detroit Free Press, 26 Feb. 2024

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 16 May. 2024.

Last Updated: - Updated example sentences
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