What is the meaning of daily interest account?

daily interest account is a savings account that computes and pays interest each day from the date of deposit to the date of withdrawal.

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APABarry Goldsmith. (2010). daily interest account. Retrieved September 24, 2026, from http://smartdefine.org/daily_interest_account/definitions/1151401
ChicagoBarry Goldsmith. 2010. "daily interest account" http://smartdefine.org/daily_interest_account/definitions/1151401 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, daily interest account, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/daily_interest_account/definitions/1151401>.
MLABarry Goldsmith. "daily interest account" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/daily_interest_account/definitions/1151401>