demand deposit

Commercial banks are defined in the statutes as institutions that both accept demand deposits and make business loans.

Banks have the legal obligation to return funds held in demand deposits immediately upon demand (or 'at call').

Banks typically makes loans to customers by crediting new demand deposits to the account of the customer.

It generally includes demand deposits at commercial banks, and any monies held in easily accessible accounts.

Beginning July 21, 2011, financial institutions have been allowed, but not required, to offer interest-bearing demand deposits.

The money supply of a country is usually held to consist of currency plus demand deposits.

Fractional-reserve banking permits a bank to make loans against the reserves it takes in as demand deposits.

Cheques written on demand deposits are examples of sight drafts.

Banks have demand deposits in the nature of loans to the bank and investment deposits.

Banks can charge much higher interest on their long-term loans than they pay out on demand deposits, allowing them to earn a profit.