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demand deposit::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Type of | bank deposit, deposit |
Examples of demand deposit
demand deposit
German banks normally demand a deposit worth 20 percent of the property's value.
From the timesunion.com
Some investors were told that shares were merely a type of demand deposit.
From the economist.com
Because money is available on demand these accounts are also referred to as demand accounts or demand deposit accounts.
From the en.wikipedia.org
The customer's checking account balance has no dollar bills in it, as a demand deposit account is simply a liability owed by the bank to its customer.
From the en.wikipedia.org
This tax also gave rise to another response by state banks-the widespread adoption of the demand deposit account, also known as a checking account.
From the en.wikipedia.org
It also resulted in the creation of demand deposit accounts, and encouraged banks to join the national system, increasing the number of national banks substantially.
From the en.wikipedia.org
The year-over-year growth was due to improvement across all transaction account categories driven in part by higher average savings, demand deposit and interest checking account balances.
From the forbes.com
A demand deposit account is an account from which funds can be withdrawn at any time by check or cash withdrawal without giving the bank or financial institution any prior notice.
From the en.wikipedia.org
But a few new banks say there is strong demand for deposit boxes and are making more available.
From the thisismoney.co.uk
