TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SPECIAL DEPOSIT ACCOUNT [1 record]

Record 1 2000-04-17

English

Subject field(s)
  • Government Accounting
  • Banking
DEF

An account for balances placed on deposit at the Bank of Canada as collateral for the LVTS [Large Value Transfer System] overdraft loans.

OBS

SDAs yield the published overnight money market rate less 1/66 of one per cent.

French

Domaine(s)
  • Comptabilité publique
  • Banque
DEF

Compte où sont versés les montants déposés à la Banque du Canada en garantie des prêts pour découvert accordés dans le cadre du STPGV [système de transfert de paiements de grande valeur]. Le taux auquel ces comptes sont rémunérés est inférieur de 1/16 de 1 % au taux officiel du marché du financement à un jour.

Spanish

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