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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
About 40% of Social Security direct deposit fraud stems from calls to Social Security to change bank information, the agency said, noting that the current protocol of asking identifying questions is no longer sufficient. Cnn.com Wire Service, Mercury News, 14 Apr. 2025 The goal is to use direct deposit, payments onto debit and credit cards, digital wallets, and other electronic payment options. Susan Tompor, USA Today, 11 Apr. 2025 Driving the news: The federal government must stop issuing paper checks by Sept. 30 in favor of direct deposit, prepaid cards, or other digital payment options, according to an order signed by Trump last week. Alex Fitzpatrick, Axios, 1 Apr. 2025 Starting on March 31, 2025, new benefit claims (which have not been defined) or changing direct deposit information needs to done over the internet at ssa.gov, or at a Social Security office. Thomas Hager, Forbes, 25 Mar. 2025 See All Example Sentences for direct deposit

Word History

First Known Use

1974, in the meaning defined above

Time Traveler
The first known use of direct deposit was in 1974

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Cite this Entry

“Direct deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/direct%20deposit. Accessed 1 May. 2025.

Last Updated: - Updated example sentences
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