: a bank deposit that can be withdrawn without advance notice
Examples of demand deposit in a Sentence
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This legislation mandates 100% reserve backing with highly liquid assets, strictly limiting collateral to cash, demand deposits, and short-term Treasury bills.—
Sean Lee,
Forbes.com,
15 May 2026 Noninterest-bearing demand deposits accounted for 37% of total deposits.—
Quartz Intelligence Newsroom,
Quartz,
1 Apr. 2025