deposit payable on demand
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demand deposit — A bank deposit payable on demand or within a specified number of days after demand. 10 Am J2d Banks § 356 … Ballentine's law dictionary
demand — I v. To claim as one s due; to require; to ask relief. To summon; to call in court II n. The assertion of a legal right; a legal obligation asserted in the courts. An imperative request preferred by one person to another, under a claim of right,… … Black's law dictionary
demand — I v. To claim as one s due; to require; to ask relief. To summon; to call in court II n. The assertion of a legal right; a legal obligation asserted in the courts. An imperative request preferred by one person to another, under a claim of right,… … Black's law dictionary
deposit — I v. To commit to custody, or to lay down; to place; to put; to let fall (as sediment). Jefferson County ex rel. Grauman v. Jefferson County Fiscal Court, 273 Ky. 674, 117 S.W.2d 918, 924. To lodge for safe keeping or as a pledge to intrust to… … Black's law dictionary
deposit — I v. To commit to custody, or to lay down; to place; to put; to let fall (as sediment). Jefferson County ex rel. Grauman v. Jefferson County Fiscal Court, 273 Ky. 674, 117 S.W.2d 918, 924. To lodge for safe keeping or as a pledge to intrust to… … Black's law dictionary
deposit account — Either of two basic bank deposit accounts. The demand deposit is payable on demand (see check). Theoretically, the time deposit is payable only after a fixed interval of time; in practice, withdrawals from most small time deposit accounts are… … Universalium
deposit money — noun : bank demand deposits which can be used as money through drawing checks * * * Banking. checks, letters of credit, etc., that circulate and are payable on demand. [1815 25] * * * deposit money noun (economics) Deposits in bank current… … Useful english dictionary
deposit money — Banking. checks, letters of credit, etc., that circulate and are payable on demand. [1815 25] * * * … Universalium
Demand draft — A demand draft A demand draft, also known as a remotely created check, a tele check, or check by phone, check by fax or echeck, is a check created by a merchant with a buyer s checking account number on it, but without the buyer s original… … Wikipedia
Demand guarantee — In English writings, traditionally the term “guarantee” denotes an accessory (secondary) or “conditional” type of obligation. The essence of the instrument is the promise to answer for the duty of another should the other default. The beneficiary … Wikipedia
Payable-through account — A payable through account (PTA) is a demand deposit account through which banking agencies located in the United States extend cheque writing privileges to the customers of other institutions, often foreign banks.PTA accounts are a concern to… … Wikipedia