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  2. Demand deposit - Wikipedia

    en.wikipedia.org/wiki/Demand_deposit

    Demand deposits or checkbook money are funds held in demand accounts in commercial banks. These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country. Simply put, these are deposits in the bank that can be withdrawn on demand, without any prior notice.

  3. What is a demand deposit account (DDA)? - AOL

    www.aol.com/finance/demand-deposit-account-dda...

    A savings account is a demand deposit account that usually earns a small amount of interest. The annual percentage yield (APY) earned on a savings account is variable, meaning that the bank can ...

  4. Transaction account - Wikipedia

    en.wikipedia.org/wiki/Transaction_account

    A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the ...

  5. Negotiable order of withdrawal account - Wikipedia

    en.wikipedia.org/wiki/Negotiable_Order_of...

    In the United States, a negotiable order of withdrawal account (NOW account) is an interest-paying deposit account on which an unlimited number of checks may be written. [1]A negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, but US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account ...

  6. Money creation - Wikipedia

    en.wikipedia.org/wiki/Money_creation

    M1: The total amount of M0 (cash/coin) outside of the private banking system [clarification needed] plus the amount of demand deposits, travelers checks and other checkable deposits; M2: M1 + most savings accounts, money market accounts, retail money market mutual funds, and small denomination time deposits (certificates of deposit of under ...

  7. Wholesale funding - Wikipedia

    en.wikipedia.org/wiki/Wholesale_funding

    Wholesale funding is a method that banks use in addition to core demand deposits to finance operations, make loans, and manage risk. In the United States wholesale funding sources include, but are not limited to, Federal funds, public funds (such as state and local municipalities), U.S. Federal Home Loan Bank advances, the U.S. Federal Reserve's primary credit program, foreign deposits ...

  8. Statutory liquidity ratio - Wikipedia

    en.wikipedia.org/wiki/Statutory_liquidity_ratio

    An example of a time liability is a six-month fixed deposit which is not payable on demand but only after six months. An example of a demand liability is a deposit maintained in a saving account or current account that is payable on demand. The SLR is commonly used to control inflation and fuel growth, by decreasing or increasing the money supply.

  9. Demand for money - Wikipedia

    en.wikipedia.org/wiki/Demand_for_money

    In monetary economics, the demand for money is the desired holding of financial assets in the form of money: that is, cash or bank deposits rather than investments. It can refer to the demand for money narrowly defined as M1 (directly spendable holdings), or for money in the broader sense of M2 or M3 .

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