demand deposit


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Related to demand deposit: time deposit, Saving Deposit

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A bank deposit that can be withdrawn without advance notice.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 ?
The bank offers yuan savings, demand deposit and time deposit accounts to business customers in New York and Los Angeles.
A short transition period of a year or so would not be as objectionable, given that many banks may take some time in any case to develop competitive interest-bearing demand deposit products.
This has fallen from around 1 per cent in the mid-1980s, given that real demand deposit holdings have declined from around 7 to 3 per cent of GDP (Figure A2).
The largest estimated effects were in October 1992 and May 1993, when MBS-related inflows likely accounted for four-fifths and three-fifths, respectively, of demand deposit growth.
New Solution Brings Profitability Back to Demand Deposit Account Opening
M1B consists mainly of currency in circulation plus demand deposit, while M2 equals M1B plus time deposit.
While respondents have not yet formulated their strategies, they all agree that competing solely on interest rate would erode the value of demand deposit accounts.
Smaller banks complain that they are unable to compete for the deposits of businesses precisely because of their inability to offer interest on demand deposit accounts.
By enhancing Intrasweep's sales structure, expanding client relationship management coverage and supporting the launch of Intrasweep's Demand Deposit Marketplace(SM), a revolutionary deposit and liquidity management tool that enables banks to offer their customers expanded FDIC protection with 100% daily liquidity, Mr.
NEW YORK -- Intrasweep LLC launched Demand Deposit Marketplace(SM) ("DDM"), a revolutionary deposit and liquidity management tool for banks.
First, demand deposit accounts are likely to have relatively high transaction costs because of frequent deposits and withdrawals.
Depth of Integration - BANKLINK offers online real-time integration across all major payment systems, including all major core commercial and consumer demand deposit account and loan servicing systems.