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NOW account

American  
[nou uh-kount] / ˈnaʊ əˈkaʊnt /

noun

  1. Banking. a savings account against which checks can be written.

Etymology

Origin of NOW account

First recorded in 1970–75; n(egotiable) o(rder of) w(ithdrawal)

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Under Citibank's plan, for instance, a depositor will earn 5% interest on the money he keeps in a NOW account and if he maintains a total balance of at least $3,000, pay no service fee.

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.