demand deposit

1. 1.

   a bank deposit from which withdrawals can be made without notice

   Broaderdeposit

Questions about demand deposit

What does demand deposit mean?

demand deposit means "a bank deposit from which withdrawals can be made without notice".

Is demand deposit a common word?

demand deposit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.