Verification of Deposit
A written form sent by the lender to a financial institution to verify funds in an account.
Also called a "VOD," this form shows how long the account has been open, everyone who has a claim to the account, and any deposits and withdrawals from or to the account.
Financial terms alphabetically:
| #
| A
| B
| C
| D
| E
| F
| G
| H
| I
| J
| K
| L
| M
| N
| O
| P
| Q
| R
| S
| T
| U
| V
| W
| X
| Y
| Z
|