demand deposit Hear it!

demand deposit definition

☆ demand deposit

Banking a deposit that may be withdrawn on demand, without advance notice

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.