A deposit of money that can be withdrawn without prior notice, e.g. in a current account.
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Example sentencesExamples
Do nothing - except put the money in an easily accessible demand deposit account.
Finally, I would advise Fiona to simply lodge her redundancy cheque to a demand deposit account and not to invest it until she has secured another job.
Money will move from Joe's demand deposit account to a money market demand deposit account with a bank.
Many financial institutions offer derisory returns of 0.1 per cent or slightly more on demand deposit accounts.
An individual can exercise his demand for money either by holding it in his pocket or in his house or by placing it in the custody of a bank in a demand deposit or even in a safe deposit box.
Definition of demand deposit in US English:
demand deposit
noundēˈmand dəˈpäzət
A deposit of money that can be withdrawn without prior notice.
活期存款
Example sentencesExamples
Many financial institutions offer derisory returns of 0.1 per cent or slightly more on demand deposit accounts.
Money will move from Joe's demand deposit account to a money market demand deposit account with a bank.
Finally, I would advise Fiona to simply lodge her redundancy cheque to a demand deposit account and not to invest it until she has secured another job.
Do nothing - except put the money in an easily accessible demand deposit account.
An individual can exercise his demand for money either by holding it in his pocket or in his house or by placing it in the custody of a bank in a demand deposit or even in a safe deposit box.