Money in the Bank is a term used to describe a person's financial security. It refers to having money saved up in a bank account, such as a DEPOSIT or savings account, or having assets that can be liquidated for cash. A DEPOSIT is a sum of money placed into a bank account, while savings are funds set aside for future use. An ASSET is something of value that can be converted into cash. Having money in the bank provides financial security and peace of mind.