NOW account


Also found in: Financial.
Related to NOW account: Money market deposit account, Asset management account, Super NOW Account, ATS Account

NOW account

 (nou)
n.
An interest-bearing savings account against which drafts may be written.

[n(egotiable) o(rder of) w(ithdrawal).]

NOW′ account`


n.
a savings account against which checks can be written.
[1970–75; n(egotiable) o(rder) (of) w(ithdrawal)]