Legal glossary

“deposit”

Defined in 1 Acts. A definition holds for the Act that gives it; the same word can mean something else in another Act.
  1. The Banning of Unregulated Deposit Schemes Act, 2019 · s. 2

    (4) "deposit" means an amount of money received by way of an advance or loan or in any other form, by any deposit taker with a promise to return whether after a specified period or otherwise, either in cash or in kind or in the form of a specified service, with or without any benefit in the form of interest, bonus, profit or in any other form, but does not include—
    Read section 2