Oxford Dictionary English deposit account nounnoun BrE BrE//dɪˈpɒzɪt əkaʊnt// ; NAmE NAmE//dɪˈpɑːzɪt əkaʊnt// (British English) Add to my wordlistjump to other resultsa type of account at a bank or building society that pays interest on money that is left in it compare current accountCheck pronunciation: deposit account oxfordlearnersdictionaries.com