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Demand deposits

• Checking accounts that pay no interest and can be withdrawn upon demand.

• Basically checking accounts at banks. Deposit may be withdrawn at demand.

 
 Embedded terms in definition
 Demand
Interest
 
 Related Terms
 Core deposits
Demand
Demand line of credit
Demand master notes
Demand shock
Eurodollar deposits
Money market demand account
Precautionary demand for money
Speculative demand for money
Transaction demand for money
Variable rated demand bond vrdb

<< Demand Demand line of credit >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

There is only one way... to get anybody to do anything. And that is by making the other person want to do it. Dale Carnegie

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