What is Demand Deposit?
In this glossary, Demand Deposit refers to: A bank account from which funds may be withdrawn at any time without notice, typically used for day-to-day liquidity management and accessible via checks, debit, or electronic transfer.
How is Demand Deposit used in finance?
In finance communication, this term appears in contexts such as: "Corporates maintain demand deposit accounts for operational liquidity, enabling same-day settlement of payments and cash management activities."
Why does Demand Deposit matter in finance?
Demand Deposit 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 Demand Deposit?
Demand Deposit is mainly used by Financial Analysts, Bankers, and Traders.
What category does Demand Deposit belong to?
In this glossary, Demand Deposit 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.
