Fixed Deposit
Legal definition for Indian law research
Definition
Fixed deposit, a fixed deposit in the joint names of two persons is nothing but a joint account which, as the name itself suggests, is repayable on the expiration of the agreed period, Anumati v. Punjab National Bank, (2004) 8 SCC 498 (502).
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.