I still think it works better as a boy's name (Addison DeWitt in All About Eve, for instance). Addie, Addy, Addi, Ads, Abbie, Addison is an English surname meaning son of Adam. From an English surname meaning son of ADAM. Its recent popularity as a feminine name stems from its similarity in sound to Madison.
Deposits in Transit. A deposit in transit, or un-cleared deposit, is cash or check deposit that is recorded in a companys accounting system but not in the banks records.
Transit means âjourney,â and saying youâre in transit means youâre on your way somewhere. Before we had cell phones, one of the upsides of being in transit was that no one could get in touch with you. Transit may be familiar to you from the phrase mass transit. The first instance of transit being used in this sense was in the 19th century, and people have been complaining ever since. Transit is related to the word transition, which refers to a change from one state or condition to another.