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demand deposit
(redirected from Demand Drafts)

    Also found in: Financial 0.01 sec.
demand deposit
n.
A bank deposit that can be withdrawn without advance notice.
demand deposit
n
(Economics, Accounting & Finance / Banking & Finance) a bank deposit from which withdrawals may be made without notice Compare time deposit
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.demand deposit - a bank deposit from which withdrawals can be made without notice
bank deposit, deposit - money deposited in a bank or some similar institution
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According to Maj Ahmed the NAB had so far compensated as many as 815 affected allottees through cheques and demand drafts which ranged from Rs 6,000 to 30,000.
NAB Chairman gives cheques to affectees of land scam by Balochistan Times (Baluchistan Province, Pakistan)
It is extremely difficult for banks to replace old cheques, demand drafts and pay-orders with the new ones from their loan documents," the banker said.
Deadline for new cheques extended by Khaleej Times (Dubai, United Arab Emirates)
Although the deadline on compliance with new security features on cheques has been indefinitely postponed, eventually all banks in the UAE will be required to incorporate new minimum mandated security features in the monetary instruments such as cheques, demand drafts and pay orders.
UAE extends deadline for high-security cheques by Gulf News (United Arab Emirates)
 
 
 
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