What is the meaning of demand deposit?

demand deposit is a deposit. That may be withdrawn at any time without prior written notice to the depository institution. A checking account is the most common form of demand deposit.

4
 
|15 years ago|173 views|share |citing 
APABarry Goldsmith. (2010). demand deposit. Retrieved September 23, 2026, from http://smartdefine.org/demand_deposit/definitions/1151817
ChicagoBarry Goldsmith. 2010. "demand deposit" http://smartdefine.org/demand_deposit/definitions/1151817 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, demand deposit, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/demand_deposit/definitions/1151817>.
MLABarry Goldsmith. "demand deposit" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/demand_deposit/definitions/1151817>
{ class="autoclick" }next definition (/)