Setup Menus in Admin Panel

Sharing the Knowledge!™

Finance Knowledge and Information

What does demand deposit mean?

SEARCHING
demand deposit
Noun

A generally noninterest bearing bank deposit that may be withdrawn at any time without prior notice by check, cash withdrawal from an automated teller machine (ATM) or transfer to other accounts.

Synonym(s): 
  • sight deposit.
  • [AE]: checking account
    .
  • [BE]: current account
    .
top
© 2015-2020 Pecunica LLC.  All rights reserved.