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A bank deposit that can be withdrawn without advance notice.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

demand deposit

n
(Banking & Finance) a bank deposit from which withdrawals may be made without notice. Compare time deposit
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

demand′ depos`it


n.
a bank deposit subject to withdrawal at the demand of the depositor without prior notice.
[1925–30]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
First, demand deposit accounts are likely to have relatively high transaction costs because of frequent deposits and withdrawals.
Chou noted that currently some NT$510 billion of foreign fund has been utilized in various forms other than its legitimate purpose of securities investment, including NT$160 billion in demand deposit, NT$230 billion in government bonds, and NT$120 billion as guarantee money for securities borrowing.
Demand deposits increased significantly, and while a large portion was conversion related reclassifications, organic demand deposit growth for the quarter was over $25M.
The bank offers yuan savings, demand deposit and time deposit accounts to business customers in New York and Los Angeles.
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.
An MBS-adjusted, not seasonally adjusted (n.s.a.) demand deposit series is obtained by subtracting the sum (GNMA __ dda + FNMA __ dda + FHLMC __ dda) from published n.s.a.
Take Bank of Taiwan for example, its one-year term deposit rate in the first quarter stood at 1.37% and the demand deposit rate at 0.33%, with the former being one percentage point higher than the latter, which is attractive enough for the bank's clients to convert demand deposits into time deposits.