demand deposit

noun

Definition of demand deposit

: a bank deposit that can be withdrawn without advance notice

Examples of demand deposit in a Sentence

Recent Examples on the Web The latter are grouped under the label M1 by the Federal Reserve and, aside from physical cash, include funds recorded in demand deposit accounts, aka checking accounts. Christian Kameir, Forbes, 1 Mar. 2021 Get our daily newsletter Banks fund themselves on a short-term basis via demand deposits, but also on money markets, such as that for repos. The Economist, 26 Sep. 2019 Checking accounts and demand deposits would bear a -4% or -5% interest rate. Charles Eisenstein, Quartz, 27 Aug. 2019 The Swiss reform would move all demand deposits from private banks to the SNB and tie its hands in costly ways (although the proposal is unlikely to pass, polls suggest a surprising third of the population are in favour). The Economist, 26 May 2018 The company’s troubles accelerated after news of financial stress prompted some suppliers to demand deposits and payments in advance, according to court papers. Lillian Rizzo, WSJ, 12 Aug. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'demand deposit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of demand deposit

1923, in the meaning defined above

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Time Traveler for demand deposit

Time Traveler

The first known use of demand deposit was in 1923

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Dictionary Entries Near demand deposit

demand curve

demand deposit

demand factor

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Cite this Entry

“Demand deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/demand%20deposit. Accessed 31 Jul. 2021.

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More Definitions for demand deposit

demand deposit

Legal Definition of demand deposit

— see deposit sense 2a

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