Banking

Tagesgeld

A bank deposit account that is repayable on demand without advance notice, typically used for liquidity management in corporate or interbank operations, and earns interest at a variable rate.

Quick answer: A bank deposit account that is repayable on demand without advance notice, typically used for liquidity management in corporate or interbank operations, and earns interest at a variable rate.

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Quick answer

A bank deposit account that is repayable on demand without advance notice, typically used for liquidity management in corporate or interbank operations, and earns interest at a variable rate.

Why it matters

Tagesgeld matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Editorial context

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Questions and answers

Questions and answers

What is Tagesgeld?

In this glossary, Tagesgeld refers to: A bank deposit account that is repayable on demand without advance notice, typically used for liquidity management in corporate or interbank operations, and earns interest at a variable rate.

How is Tagesgeld used in finance?

In finance communication, this term appears in contexts such as: "Unternehmen nutzen Tagesgeldkonten für tägliche Liquidität; Gelder können jederzeit ohne Strafe abgehoben werden."

Why does Tagesgeld matter in finance?

Tagesgeld matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.

Who uses Tagesgeld?

Tagesgeld is mainly used by Financial Analysts, Bankers, and Traders.

What category does Tagesgeld belong to?

In this glossary, Tagesgeld is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.

Where does this definition come from?

This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.

Definition

A bank deposit account that is repayable on demand without advance notice, typically used for liquidity management in corporate or interbank operations, and earns interest at a variable rate.

Operational example

Corporates use call deposit accounts for daily liquidity needs, allowing them to withdraw funds at any time without penalty and earn interest until withdrawn.

Localized term

Tagesgeld

Localized example

Unternehmen nutzen Tagesgeldkonten für tägliche Liquidität; Gelder können jederzeit ohne Strafe abgehoben werden.

Definition language

English reference definition

Source

CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework

Category

Banking

Exam relevance

  • CFA
  • ACCA
  • FRM

Target audience

  • Financial Analysts
  • Bankers
  • Traders

Related terms

Use the related links below to continue through connected finance terminology.

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