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demand deposit

noun, Banking.
a deposit subject to withdrawal at the demand of the depositor without prior notice.
Origin of demand deposit
First recorded in 1925-30 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for demand deposit
Historical Examples
  • In other words, what are the banking costs in the granting of demand deposit rights to customers?

    Readings in Money and Banking

    Chester Arthur Phillips
British Dictionary definitions for demand deposit

demand deposit

a bank deposit from which withdrawals may be made without notice Compare time deposit
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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