Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,350,503 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Demand Deposits

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Demand deposits
Checking accounts that pay no interest and from which funds can be withdrawn upon demand.

Demand Deposit
Funds in a bank account that may be withdrawn on demand of the customer. Most demand deposits are in checking accounts and savings accounts, because funds in these accounts are available to the customer at any time (unless they are under a check hold). Under the Expedited Funds Availability Act of 1987, banks in the United States must grant availability to demand deposits within a certain number of days.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
9 billion, while that of demand deposits jumped NT$166.
The SAMA report pointed out that there has been a decrease in the money supply of M 2 (the currency in circulation + demand deposits, other deposits that work like demand deposits and saving deposits) by 0.
In July, funds held in demand deposits advanced 26.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.