Glossary entry (derived from question below)
Arabic term or phrase:
كسر وديعة
English translation:
Breaking a deposit
Added to glossary by
Assem AlKhallouf
Jun 5, 2021 20:05
2 yrs ago
40 viewers *
Arabic term
United States
كسر وديعة
Arabic to English
Bus/Financial
Finance (general)
Bank statement
This is included in a Saudi British Bank statement in the column "وصف العملية". The transaction resulted in a credit to the person's account. The term is repeated in the column titled "معلومات كل عملية بالتفصيل".
Proposed translations
(English)
| 4 +1 | Breaking a deposit |
Assem AlKhallouf
|
| 4 +1 | Breaking a term deposit |
Yassine El Bouknify
|
| 4 | Unlocking a deposit |
Ahmed mm
|
Change log
Jun 13, 2021 00:50: Assem AlKhallouf Created KOG entry
Proposed translations
+1
22 mins
Assem AlKhallouf
Native in Arabic
&
English
Specializes in field
MA, PhD, NAATI, APTS.
Native in: Arabic (Variants: Syrian, Standard-Arabian (MSA), Egyptian, Kuwaiti, Saudi , Yemeni, Jordanian, Palestinian, UAE, Iraqi, Lebanese) 
, English (Variants: British, Scottish, UK, US)
Works in: Arabic to English, English to Arabic, Arabic, and 1 more.
Related KudoZ points
:
28
Selected
Breaking a deposit
Breaking a deposit: The only rule of a term deposit is that once you deposit, you cannot touch this money. If you wish to reclaim your deposit amount, you will be fined a particular sum or your total interest payment may be reduced. Sometimes, banks may only allow you to withdraw the money after a certain minimum period. Ensure you get these details before investing.
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Note added at 45 mins (2021-06-05 20:51:22 GMT)
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Hi Cara, To the best of my knowledge, any deposit is a time/term deposit if it was made to gain profit. Also, this the only possible interpretation for "كسر وديعة".
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Note added at 1 hr (2021-06-05 21:28:51 GMT)
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Breaking a deposit = التعجيل باستحقاق وديعة؛ سحب وديعة قبل استحقاقها [مالية]
https://www.almaany.com/ar/dict/ar-en/break-a-deposit/
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Note added at 1 hr (2021-06-05 21:31:19 GMT)
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"Are there any fees for breaking a deposit?"
https://www.ahliunited.com.kw/en/personal-banking/accounts/d...
"There is no point of breaking a deposit that is nearing its maturity date."
https://investment-buzz.puzl.com/_news/Breaking-your-FD%3F-5...
"There are no charges for breaking a deposit. However, customers will lose all interests affiliated with the term deposit."
https://abk.eahli.com/abk/FAQs.aspx?id=01
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Note added at 9 hrs (2021-06-06 05:28:53 GMT)
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Correction: "this IS the only possible..."
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Note added at 45 mins (2021-06-05 20:51:22 GMT)
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Hi Cara, To the best of my knowledge, any deposit is a time/term deposit if it was made to gain profit. Also, this the only possible interpretation for "كسر وديعة".
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Note added at 1 hr (2021-06-05 21:28:51 GMT)
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Breaking a deposit = التعجيل باستحقاق وديعة؛ سحب وديعة قبل استحقاقها [مالية]
https://www.almaany.com/ar/dict/ar-en/break-a-deposit/
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Note added at 1 hr (2021-06-05 21:31:19 GMT)
--------------------------------------------------
"Are there any fees for breaking a deposit?"
https://www.ahliunited.com.kw/en/personal-banking/accounts/d...
"There is no point of breaking a deposit that is nearing its maturity date."
https://investment-buzz.puzl.com/_news/Breaking-your-FD%3F-5...
"There are no charges for breaking a deposit. However, customers will lose all interests affiliated with the term deposit."
https://abk.eahli.com/abk/FAQs.aspx?id=01
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Note added at 9 hrs (2021-06-06 05:28:53 GMT)
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Correction: "this IS the only possible..."
Note from asker:
| Thank you. So you think this is referring to a term deposit in which funds are locked unless it's "broken" for a fee? I'm unsure because term deposit = وديعة الاجل and this just says وديعة. |
4 KudoZ points awarded for this answer.
+1
1 hr
Yassine El Bouknify
Morocco
Morocco
Native in Arabic
Morocco
Literature,Marketing & Legal Translation
Native in: Arabic (Variants: Moroccan, UAE, Kuwaiti, Najdi, Standard-Arabian (MSA), Hassaniya) 
, Berber (Other) (Variants: Standard Moroccan Tamazight, Tarifit , Tashelhit , Riffian, Central Atlas Tamazight, Tamazight )
Works in: English to Arabic, French to Arabic, Arabic to English, and 21 more.
Related KudoZ points
:
12
Breaking a term deposit
Breaking a term deposit
Term deposits lock in your funds, so think carefully beforehand – especially since it is usually at the bank's discretion whether to give back your money early.
https://bankomb.org.nz/guides-and-cases/quick-guides/savings...
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Note added at 1 hr (2021-06-05 21:15:01 GMT)
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We break the terms of the deposit, not the deposit ✌
Term deposits lock in your funds, so think carefully beforehand – especially since it is usually at the bank's discretion whether to give back your money early.
https://bankomb.org.nz/guides-and-cases/quick-guides/savings...
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Note added at 1 hr (2021-06-05 21:15:01 GMT)
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We break the terms of the deposit, not the deposit ✌
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