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Longman Dictionary of Contemporary English
direct deposit
noun
EXAMPLES FROM CORPUS
▪ Among all companies with three or more employees, only 9 percent use direct deposit.
▪ Take direct deposit, one of the best-known and fastest-spreading banking innovations of recent years.
▪ To get direct deposit of your tax refund, file Form 8888 with your return.
Wiktionary
direct deposit

n. A deposit of money straight from the source (and initiated by the source) into a bank account, by wire, or other means.

Wikipedia
Direct Deposit
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