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Demand Deposit

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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Funds in a bank account that may be withdrawn on demand of the customer.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.
demand deposit
A checking account balance held at a financial institution. Because demand deposits constitute one of the most important segments of the nation's money supply, the financial community closely monitors their size. Compare time deposit. See also M1.
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The stock market rally has triggered massive fund transference from time deposit accounts to demand deposit accounts.
M2 money supply growth exceeds target range again in August by The Taiwan Economic News
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.
Liquidity in Kingdom crosses SR 1 trillion by Saudi Economic Survey
In July, funds held in demand deposits advanced 26.
Money supply eases to 34.1 per cent by Gulf Daily News (Manama, Bahrain)
 
 
 
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