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demand deposit
(redirected from sight deposit)

   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A bank deposit that can be withdrawn without advance notice.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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The outflow of money reduced banks' liquidity somewhat and their liquid assets fell KD 155 million in July, with time and sight deposits at CBK dropping KD 320 million and KD 92 million, respectively.
The highest growth in private sector funding was in sight deposits (current accounts, 10%, and saving accounts, 7%).
All banks established in Norway can have a sight deposit account with Norges Bank.
 
 
 
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