Demand-deposit meaning

A bank deposit that can be withdrawn without advance notice.
noun
1
0
A bank deposit from which withdrawals may be made on demand, typically by writing checks.
noun
0
0
A type of checking account from which funds can be withdrawn at any time by check or cash withdrawal without giving the bank or financial institution any prior notice.
0
0
(banking) A bank deposit that may be withdrawn without notice.
noun
0
0
Advertisement