: a bank deposit that can be withdrawn without advance notice
Examples of demand deposit in a Sentence
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The demand deposit rate fell to 0.05% from 0.1%, and the 1-Year deposit rate dropped below 1% for the first time, to 0.95%.—Brendan Ahern, Forbes.com, 20 May 2025 Noninterest-bearing demand deposits accounted for 37% of total deposits.—Quartz Intelligence Newsroom, Quartz, 1 Apr. 2025
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