Definitions
There is 1 meaning of the phrase
Demand Deposit.
Demand Deposit - as a noun
A bank deposit from which withdrawals can be made without notice
Example Sentences
"I have a demand deposit account at my local bank."
"A demand deposit is a type of account that allows unlimited withdrawals."
"She deposited her paycheck into her demand deposit at the bank."
"He withdrew cash from his demand deposit to pay for the car."
"The bank offers attractive interest rates for demand deposits."