Demand Deposit

Demand Deposit

Demand Deposits Definition Economics
Demand Deposits

A deposit subject to withdrawal at the demand of the depositor without prior notice. Demand Deposits Definition. A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning or with less than seven days' notice. Requirements. The key requirements of DDA accounts are no limitations on withdrawals or transfers, no set maturity or lockup period, accessible on-demand, and no.
Also found in: Dictionary, Thesaurus, Wikipedia.Related to demand deposit: time deposit, Saving Deposit
Demand Deposits Definition EconomicsDemand Deposit Account Discover free flashcards, games, and test prep activities designed to help you learn about Demand Deposit Account and other concepts. They're customizable and designed to help you study and learn more effectively. Demand Deposit is a bank account that allows the depositor to withdraw funds on demand without any advance notice to the bank. An easy example is the Checking account. It provide the funds user needed to purchase household expenses or daily expenses.

Definition of demand deposit: a bank deposit that can be withdrawn without advance notice Examples of demand deposit in a Sentence Recent Examples on the Web Get our daily newsletter Banks fund.
Demand DepositFunds in a bank account that may be withdrawn on demand of the customer. Most demand deposits are in checking accounts and savings accounts, because funds in these accounts are available to the customer at any time (unless they are under a check hold). Under the Expedited Funds Availability Act of 1987, banks in the United States must grant availability to demand deposits within a certain number of days.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
demand deposit A checking account balance held at a financial institution. Because demand deposits constitute one of the most important segments of the nation's money supply, the financial community closely monitors their size. Compare time deposit. See also M1.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
demand deposit

see BANK DEPOSIT, COMMERCIAL BANK.Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
Demand Deposits
 Want to thank TFD for its existence? Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content. 
 Link to this page: <a href='https://financial-dictionary.thefreedictionary.com/demand+deposit'>demand deposit</a>

A deposit subject to withdrawal at the demand of the depositor without prior notice. Demand Deposits Definition. A demand deposit is an account with a bank or other financial institution that allows the depositor to withdraw his or her funds from the account without warning or with less than seven days' notice. Requirements. The key requirements of DDA accounts are no limitations on withdrawals or transfers, no set maturity or lockup period, accessible on-demand, and no.
Also found in: Dictionary, Thesaurus, Wikipedia.Related to demand deposit: time deposit, Saving Deposit
Demand Deposits Definition EconomicsDemand Deposit Account Discover free flashcards, games, and test prep activities designed to help you learn about Demand Deposit Account and other concepts. They're customizable and designed to help you study and learn more effectively. Demand Deposit is a bank account that allows the depositor to withdraw funds on demand without any advance notice to the bank. An easy example is the Checking account. It provide the funds user needed to purchase household expenses or daily expenses.
Definition of demand deposit: a bank deposit that can be withdrawn without advance notice Examples of demand deposit in a Sentence Recent Examples on the Web Get our daily newsletter Banks fund.
Demand DepositFunds in a bank account that may be withdrawn on demand of the customer. Most demand deposits are in checking accounts and savings accounts, because funds in these accounts are available to the customer at any time (unless they are under a check hold). Under the Expedited Funds Availability Act of 1987, banks in the United States must grant availability to demand deposits within a certain number of days.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
demand deposit A checking account balance held at a financial institution. Because demand deposits constitute one of the most important segments of the nation's money supply, the financial community closely monitors their size. Compare time deposit. See also M1.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
demand deposit see BANK DEPOSIT, COMMERCIAL BANK.Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
Demand Deposits
 Want to thank TFD for its existence? Tell a friend about us, add a link to this page, or visit the webmaster's page for free fun content. 
 Link to this page: <a href='https://financial-dictionary.thefreedictionary.com/demand+deposit'>demand deposit</a>