释义 |
demand deposit
demand depositn. A bank deposit that can be withdrawn without advance notice.demand deposit n (Banking & Finance) a bank deposit from which withdrawals may be made without notice. Compare time deposit demand′ depos`it n. a bank deposit subject to withdrawal at the demand of the depositor without prior notice. [1925–30] ThesaurusNoun | 1. | demand deposit - a bank deposit from which withdrawals can be made without noticebank deposit, deposit - money deposited in a bank or some similar institution |
demand deposit
Demand DepositFunds in a bank account that may be withdrawn on demand of the customer.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.demand deposit see BANK DEPOSIT, COMMERCIAL BANK.demand deposit Related to demand deposit: time deposit, Saving DepositWords related to demand depositnoun a bank deposit from which withdrawals can be made without noticeRelated Words |