depósito a plazo fijo
fixed-term deposit
The Spanish phrase 'depósito a plazo fijo' translates to 'fixed-term deposit' in English language. It is a financial term used mainly in banking sector which represents a monetary deposit at a banking institution that provides a specific interest rate in return for being held for a specified period. It is generally a safer investment method where the money is set aside for a predetermined length that makes the interest better than a regular savings account.
Example sentences using: depósito a plazo fijo
Estoy considerando abrir un depósito a plazo fijo en el banco local.
I am considering opening a fixed-term deposit at the local bank.
In this phrase, the speaker expresses their intention to open a fixed-term deposit, which is a type of investment offered by banks. This investment type involves leaving a sum of money in the bank for a fixed period of time.
El interés de su depósito a plazo fijo depende de la cantidad que esté dispuesto a invertir y el plazo que escoja.
The interest of your fixed-term deposit depends on the amount you are willing to invest and the term you choose.
This example explains that the interest a person can earn from a fixed-term deposit will be influenced by two main factors: the amount of money they are ready to invest (the more money invested, the bigger the interest) and the length of the period for which they agree to leave the money in the bank (the longer the period, the higher the interest).
Mi depósito a plazo fijo me ha dado buenos rendimientos en los últimos años.
My fixed-term deposit has given me good returns in recent years.
Here, the speaker is expressing satisfaction with their fixed-term deposit. The 'returns' they are talking about are the interest earned on the deposit. The phrase suggests that investing in this type of financial product has proven to be profitable for them over the past years.