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demand deposit |
Also found in: Financial, Wikipedia | 0.02 sec. |
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
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| In about nine months, a team of Information Systems professionals and two software companies created, a point-and-click EIS and a comprehensive data warehouse that organized and refined the data from a variety of sources, including the company's general ledger system, profit center accounting system, cost allocation system, funds transfer system, demand deposit data base, and an asset management application. We also continue to experience increased non-interest bearing demand deposit growth which has and will continue to have positive impact on our bottom line. Transaction accounts, defined as non-interest bearing demand deposit accounts, interest bearing demand deposit accounts and money market accounts, increased $13. |
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