The deposit made by one company with another company is called ______.

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KollegeApply · Accepted Answer

The deposit made by one company with another company is called inter-corporate deposit. Explanation: • A short-term loan from one business to another is known as an inter-corporate deposit (ICD). • Usually, it is employed to satisfy transient liquidity demands or short-term financial obligations. • These deposits typically have greater interest rates than bank loans and are unsecured.

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