Korean word

정기예금

Pronunciation

Romanizationcheonggiyegeum

Meaning

  • nountime deposit

Example

저는 정기예금에 가입했어요.cheo neun cheong gi ye geu me ka i pae sseo yo

I opened a time deposit account.

Illustration for 정기예금 (time deposit)

More examples

정기예금 금리는 은행마다 달라요.cheong gi ye geum keum ni neun eun haeng ma da tal la yo

Time deposit interest rates vary from bank to bank.

Core concept

A bank deposit with a clear time boundary: the money stays in place until the agreed maturity date and earns interest.

Common phrases

  • 정기예금 만기일cheong gi ye geum man gi il

    time deposit maturity date

  • 정기예금 금리cheong gi ye geum keum ni

    time deposit interest rate

  • 정기예금 해약 수수료cheong gi ye geum hae yak su su ryo

    time deposit early withdrawal fee

Similar words

적금cheokkkeum: A formal savings plan funded by equal monthly deposits and paid out with interest at maturity.
보통예금potongyegeum: A regular bank account that allows convenient deposits and withdrawals for daily use.
예금yegeum: A bank deposit consisting of money kept in an account to withdraw later or earn interest.

Definition in Korean

목돈을 일정 기간 맡겨 두고 만기에 원금과 이자를 받는 은행 예금.mok tto neul il jeong ki gan mat kkyeo tu go man gi e won geum gwa i ja reul pan neun eun haeng ye geum

Word origin

정기 (jeonggi, "fixed period") specifies the time span, while 예금 (yegeum, "bank deposit") names the act of putting money in a bank.

Usage tips

  • The word is useful when discussing how money is managed because the amount is generally placed at once rather than added little by little.

Opposites

  • 입출금통장ipchulgeumtongjangtransaction accountnoun

Related words

  • 예금yegeumdepositnoun
  • 예금이자yegeumijadeposit interestnoun

Word lists with this word