demand deposit (Meaning)

Wordnet

demand deposit (n)

a bank deposit from which withdrawals can be made without notice

No Synonyms and anytonyms found

A demand deposit allows the account holder to withdraw funds at any time without notice.
Many people use demand deposits for their everyday banking needs, such as paying bills and making purchases.
The bank offers a variety of accounts, including savings accounts and demand deposits.
Demand deposits are often considered liquid assets since they can be accessed quickly.
Businesses often use demand deposit accounts to manage their cash flow efficiently.
With a demand deposit account, customers can make unlimited withdrawals and deposits.
The interest rates on demand deposit accounts are typically lower than those on other types of accounts.
Individuals may choose to keep a portion of their savings in demand deposit accounts for easy access.
Some banks may charge fees for maintaining a demand deposit account if certain conditions are not met.
The government insures demand deposit accounts up to a certain limit to protect depositors' funds.

a bank deposit from which withdrawals can be made without notice

No synonyms found.

No antonyms found.

A demand deposit allows the account holder to withdraw funds at any time without notice.

Many people use demand deposits for their everyday banking needs, such as paying bills and making purchases.

The bank offers a variety of accounts, including savings accounts and demand deposits.

Demand deposits are often considered liquid assets since they can be accessed quickly.