demand deposit

(redirected from sight deposits)
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demand deposit

n.
A bank deposit that can be withdrawn without advance notice.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]
ThesaurusAntonymsRelated WordsSynonymsLegend:
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
References in periodicals archive ?
7 billion dinars, mainly from the positive evolution of sight deposits (+ 32.
Interest on sight deposits at the SNB is to remain at 0.
The third limitation of the current experience is that, partly for the reasons just mentioned plus the prevalent tiering system, negative rates have not been transmitted to retail sight deposits in any of the five jurisdictions with negative policy rates.
This development reflects a significant rise in sight deposits among banks and a recovery in April of certificates of deposit and banknotes and coins in circulation.
The largest decline came from KD sight deposits, down KD 451 million, though savings and foreign currency deposits were also lower.
We consider the following components used in the computation of the Monetary Services Divisia Index: Interest-bearing banks sight deposits (1977Q1-2011Q1), interest-bearing bank time deposits (1977Q1-2011Q1), interest-bearing sight deposits at mutuals (1998Q4-2011Q1), interest-bearing sight deposits at mutuals (1998Q4-2011Q1), and cash individual saving accounts (ISA).
The apex bank has maintained its rate on sight deposits.
KD sight deposits received a large boost (KD 752 million) while time deposits declined (KD 297 million).
3 billion euros in banks as time and sight deposits.
20 franc per euro and reduced the interest rate on sight deposits, deepening a cut announced in December.
The rate on so-called sight deposits, funds which can be accessed immediately, will come into force on January 22 and only apply to balances above a certain threshold.
KD time deposits (+KD171 million) and foreign deposits (+KD 209 million) drove the increase, while dinar sight deposits and savings deposits experienced modest growth.