Money And Banking

1 words in this vocabulary list

noun the money held in a demand deposit account

  • A demand deposit is a type of account where funds can be withdrawn at any time without prior notice.
  • I keep my emergency savings in a demand deposit account so I can access it quickly if needed.
  • I always make sure to have some cash in my demand deposit for a rainy day.
  • Her trust in him was like a demand deposit, always there when she needed it the most.