Deposit Account Definition
This is a type of bank account that pays interest and usually has a time period before a consumer can withdraw his savings. The equivalent in the US is a time account.
Deposit accounts
Definition: Money held in banks or building societies which earn interest but which are subject to a period of notice before withdrawal.
Related glossary term: ...
Term deposit accounts are the most successful financial policies for working people who don't require funds right now but want to invest further for the future. However, term deposit accounts are long term investments.
DEMAND DEPOSIT ACCOUNT - an account from which a depositor may withdraw funds immediately without prior...
DEMAND DEPOSIT ACCOUNT (DDA) - bank account from which funds can be transferred ...
Money Market Deposit Account (MMDA)
high-yield savings account authorized by the Garn-st.
Deposit account
A savings account from a bank or building society that pays interest on the amount of money held in it.
Depository ...
Demand Deposit Account (DDA): Usually abbreviated as DDA, it refers to the merchant bank account the payment processor credits or debits for deposits, fees and adjustments.
Deposit Credit: See Credit Deposit.
Special Deposit Account
An account that is established for rehabilitation mortgages to hold the funds needed for the rehabilitation work so they can be disbursed from time to time as particular portions of the work are completed.
Deposit accounts offered by commercial banks, credit unions, savings and loan associations, ...
Deposit accounts are a good place for funds that you want to be safe, liquid and easy to get to-such as savings for a down payment, or a cushion for unexpected expenses like car repairs or emergency medical expenses.
Deposit account Â- Savings account
Transactional account
Money market account Â- Time deposit
Bank cards ...
deposit account
book value per share
fully diluted earnings per (common) share ...
Deposit accounts recently paying 0.75% per year. Not locked in.
Most bank's deposits including ING Canada are not typically available to invest in from brokerage accounts.
GIC accounts are also available but this locks in your money ...
A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates.
A deposit account, usually interest bearing, from which funds can be withdrawn at call.
Français: Compte courant
Español: Call ...
Callable bond: ...
A deposit account that permits the depositor to withdraw funds on demand. Usually, but not always, a checking account. Sometimes called demand deposit account (DDA).
demand note ...
A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.
A deposit account, whether at call or on fixed notice, does not constitute any fiduciary relation between the depositor and, the banker, but merely a debt due from the latter to the ~tS. former.
If a deposit account of $100 earns an INTEREST RATE of 10% a year, then at the end of the year the account will contain $110.
1: Deposit Account
2: Documents against Acceptance
Daily Bond Buyer
A daily municipal industry newspaper that contains news and announcements. The paper basically concentrates on new issues and publishes a variety of municipal industry statistics.
Demand Deposit Accounts: Improving Account Opening
by Kelty Wallace
The combined effects of changing consumer behavior, a volatile external environment, ...
A demand deposit account subject to withdrawal of funds by check.
ChexSystems: ...
A demand deposit account maintained by an FI with the clearing and settlement authority -- typically the central bank. The clearing account allows the FI to make final payment in the currency of the central bank in which the clearing account is held.
Money market deposit accounts are not to be confused with money market mutual funds. These can also be sold by a bank, and are not insured by the FDIC.Make sure you ask before investing.
Related Articles ...
Money Market Deposit Account Vs. Money Market Fund
Money market deposit accounts and money market funds both hold short-term, fixed-income investments, but they're not the same. One is a savings...
Mutual Funds Vs. CDs ...
Money Market Deposit Account: A deposit account offered by financial institutions that is designed to be directly equivalent to, and competitive with, money market mutual funds. These accounts, unlike mutual funds, are FDIC insured.
Sideways market See: Horizontal price movement Sight deposit account Similar to a demand deposit. Funds in a sight account can be transferred quickly without restriction to another account or converted into cash.
Eurodollar demand deposit accounts are not often used or available, as the balances of such accounts would be volatile and the transaction costs incurred in such a service would reduce the overall efficiency and competitiveness of the eurodollar ...
[TMAC] all savers certificate A one-year certificate of deposit account, with a fixed rate tied to new Treasury bills, issued from October 1, 1981, through December 31, 1982, with a minimum deposit of $500.
Excess cash in a CBA can be invested in a money market fund or an insured money market deposit account without losing access to the money.
savings account A type of deposit account offered at a bank or savings and loan, which pays... Savings and Loan A federally or state established financial institution that takes deposits directly...
Administrative Expense Ratio % (Administrative Expense + Depreciation)/ Assets, average Assets Total of all net asset accounts Average Deposit Account Balance Deposits/ Number of Deposit Accounts Average Deposit Account Balance / ...
A scheme set up to give limited protection to people with share and/or deposit accounts in authorised building societies that fail. Building...(Read more)
Building Society ...
Payment is made from those funds of the maker or drawer that are in a primary demand deposit account (checking account) with the drawee. The check is intended for prompt presentation, rather than for use as a continuing currency.
Negotiable Orders Of Withdrawal Accounts , normally called NOW account is an interest-bearing deposit account.
A general account is a deposit account. In the insurance industry, a general account is the account into which all incoming funds, except those designated for a separate account, are deposited.
With direct deposit the named recipient of a payment never sees or handles a check; instead, once a direct deposit account has been established, funds are electronically transferred directly into the specified account.
By 1936, the commercial banking system had enormous 'excess' reserves-double the required amount of currency and reserve-deposit accounts with Fed Banks, which also had double the amount of required gold reserves.
The claims arise when, through the purchase of bills of exchange or similar transactions, a foreign bank credits a dollar deposit account.
Consists of M1 plus (1) savings deposits (including money market deposit accounts); (2) small-denomination time deposits (time deposits in amounts of less than $100,000), ...
Deposit type products include accumulation annuities, universal life overflow accounts, premium deposit accounts and dividend deposit accounts. The key to Assuris protection is that it is applied to all benefits of a similar type.
The residual method provides for the consideration to be reduced first by the cash and general deposit accounts (including checking and savings accounts but excluding certificates of deposits).
Bank that offers a broad range of deposit accounts, including checking, savings and time deposits and extends loans to individuals and business.
Guaranteed Deposit Account
Guaranteed Employee Numbers Program
Guaranteed Error Correction Rate
Guaranteed Fair Treatment
Guaranteed Frame Rate
Guaranteed Future Value
Guaranteed Gain System (gaming)
Guaranteed Home Impact/Impression ...
But if you withdraw from a time deposit account before the term ends, you may have to pay a penalty-sometimes as much as all the interest that has been credited to your account.
A savings account is a deposit account in a bank or credit union that pays interest on your balance -- though some institutions require that you have at least a minimum amount in the account to qualify for earnings.
Savings bonds ...
The percentage disclosed on interest-bearing deposit accounts that reflect the total interest to be earned based on an institution's compounding method, assuming funds remain in the account for a 365-day year.
Savings/Regular Savings Account - Demand deposit accounts that use passbooks, magnetic stripe or smart cards, ATMs, POS devices or some combination of these for transactions. They do not allow accountholders to use checks.
Savings account
A financial institution deposit account that pays interest and allows withdrawals.
Savings bond
A document representing a loan of more than one year to the U.S. government, to be repaid, with interest on a specified date.
Rate sensitive pertains to deposit account or security investment. If any changes are made to the related interest rate that causes variations in its demand and supply.
Real Estate
A piece of land developed or undeveloped which comes for a price.
PURCHASED BANKING SERVICES - Standard depository services that a financial institution provides an agency for a demand deposit account such as monthly maintenance charge, credits posted, debits posted, cash deposited/purchased, returned items, ...
Bank balance - Amount in a bank deposit account, such as a checking or savings account, as of a certain specified time or date, indicated on a bank statement.
Demand-deposit accounts, negotiable order of withdrawal NOW accounts, automatic transfer service (ATS) accounts, and credit union share draft accounts are examples of transaction accounts at banks and other depository institutions.
To compare interest rates try using Deposit Accounts or Bankrate.com’s tools. Be sure to read the fine print: Many of these accounts come with stipulations and fees that kick in if you don’t meet certain requirements.
Interest rate is the percentage of the face value of a bond or the balance in a deposit account that you receive as income on your investment.
If you multiply the interest rate by the face value or balance, you find the annual amount you receive.
In Intangible Asset Finance, intangible assets are any form of personal property, except for goods, documents, instruments, accounts, deposit accounts, commercial tort claims, investment property, money, letters of credit, ...
Cash Management Account (HCMA)
The Halifax Cash Management Account works like a deposit account. When you buy or sell shares, money is either withdrawn from, or credited to, the account.
MMDA
See: Money Market Demand Account. Same as Money Market Deposit Account
MMK
The ISO 4217 currency code for the Myanmar (ex-Burma) Kyat.
Investment Centre Current Account Comparison Service Deposit Account Comparison Service Cash ISA Comparison Service ...
money stock that consists of M1, certain overnight repurchase agreements and certain overnight Eurodollars, savings deposits (including money market deposit accounts), time deposits in amounts of less that $100, ...
 See also: Banks, Saving, Expense, Bills, Values
  
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