|
| |
| | DSK Bank - SAVING & INVESTMENT OPTIONS FROM DSK BANK |
 | | The interest yield depends on balance of the deposit account, while the interest calculated is capitalized at the yearend or at the account closing. |  | | The funds on the MOTIVE account might be deposited either in cash or by non-cash installments, or through automatic transactions from a current account, opened with DSK Bank. |  | | The term deposit interest is calculated depending on the account balance and the term. |
|
http://www.dskbank.bg/en/en_text_3b.htm
(288 words)
|
|
| |
| | checking account: Definition and Much More From Answers.com |
 | | A demand account (or demand deposit, demand deposit account) is a deposit account held at a bank or other financial institution, the funds deposited in which are payable on demand. |  | | A bank account in which checks may be written against amounts on deposit. |  | | A deposit account for funds intended for quick turnover. |
|
http://www.answers.com/topic/demand-account
(447 words)
|
|
| |
| | MSN Encarta - Print Preview - Banking |
 | | Checking accounts are popular because as demand deposits they provide perfect liquidity (immediate access to cash) and as transaction accounts they can be transferred to a third party as payment for goods or services. |  | | Banks also use electronic transfers to deposit payroll checks directly into a customerâs account and to automatically pay a customerâs bills when they are due. |  | | A demand deposit is a deposit that can be withdrawn on demand at any time and in any amount up to the full amount of the deposit. |
|
http://encarta.msn.com/text_761575515___7/Banking.html
(447 words)
|
|
| |
| | current account - definition of current account in Encyclopedia |
 | | In the United Kingdom a personal current account is a type of deposit bank account which permits the user to make withdrawals on demand by cheque, direct debit or other means. |  | | Structural influences on the BOP and the current account |  | | Generally it is a significant current account deficit (rather than a surplus) that is perceived to be a problem requiring action, but the current (trading) and capital (largely financial) accounts are inter-related and a persistent capital surplus can (by raising the exchange rate above the level it would otherwise reach) cause a current account deficit. |
|
http://encyclopedia.laborlawtalk.com/current_account
(462 words)
|
|
| |
| | gradudof.htm |
 | | The amount of the bill discounted is then credited in the current or demand deposit account of the customer who withdraws it through a cheque or the bank may pay the amount of the bill discounted through a cheque drawn on itself. |  | | Therefore the individual bank& demand for deposit (and indeed the demand for any input into the production process) is called a derived demand – demand derived from the demand for loans that banks try to satisfy. |  | | The additional revenue the bank receives when she issues another Naira in loans is the marginal revenue received from a loan by the change in loan resulting from the receipt of an additional Naira in deposits; we obtain the Marginal Revenue Product of Deposits (MRPD). |
|
http://www.stclements.edu/gradudof.htm
(462 words)
|
|
| |
| | ANSWERS TO END-OF-CHAPTER QUESTIONS |
 | | 14‑6 Assume that Jones deposits $500 in currency into her checkable deposit account in the First National Bank. |  | | The deposit of currency into a checking account in a bank has changed the form of the money supply but not the amount. |  | | Although demand deposits fall by the amount of cash withdrawn, the remaining demand deposits are too high relative to the reduced reserves. |
|
http://www.mvhs.fuhsd.org/erik_walukiewicz/apecon/ch14reviewquestions.htm
(2541 words)
|
|
| |
| | Demand deposit account - definition of Demand deposit account in Encyclopedia |
 | | A demand account (or demand deposit) is a deposit account held at a bank or other financial institution, the funds deposited in which are payable on demand. |  | | The primary purpose of demand accounts is to facilitate cashless payments by means of check, bank draft, direct debit, electronic funds transfer, etc. |  | | Typically, the format of a check consists of the date it was written, the party to whom it is payable, the amount that is payable, the identification of the bank it is drawn upon and the account number of that bank, and a signature or other identification indicating the check was authorized by the depositor. |
|
http://encyclopedia.laborlawtalk.com/Demand_deposit_account
(288 words)
|
|
| |
| | Certificate of deposit - Wikipedia, the free encyclopedia |
 | | In exchange for keeping the money on deposit for the agreed-on term, institutions usually grant higher interest rates than they do on accounts from which money may be withdrawn on demand. |  | | The best rates are offered on "Jumbo CD's" with minimum deposits of $100,000 (though some, recognizing that some investors don't want more in the account than is covered by FDIC insurance, have lowered the minimum deposit to $99,000). |  | | There are also "certificates of deposit" issued by various entities that do not carry insurance, and there are various CD and CD-backed products offered by investment houses and "CD brokers." These are more complicated, and the purchaser needs to research and carefully understand the terms and conditions that apply. |
|
http://en.wikipedia.org/wiki/Certificate_of_deposit
(1513 words)
|
|
| |
| | Mises Economics Blog: Comment on Fr. Coughlin and Friends |
 | | With a standard deposit account, losses are suffered by stockholders up to the amount of capital they have built up in the bank. |  | | The bank now has an asset of $100 cash (its reserve), and a liability of $100 as a checkable demand deposit to you. |  | | Any excess supply of notes or deposits will generate an excess demand for gold (which would raise its price in terms of notes or deposits.) And the excess demand for gold results in redemption, and the excess notes or deposits will be redeemed. |
|
http://blog.mises.org/mt/comments?entry_id=3771
(9261 words)
|
|
| |
| | Regulation Y - Bank Holding Companies |
 | | With respect to deposits, the Committee recognizes that it is legitimate for an institution currently involved in offering demand deposits or other third party transaction accounts to make use of new technologies that are in the process of replacing the existing check- based, paper payment system. |  | | An institution that did not have FDIC insurance on August 10, 1987, and that did not accept demand deposits or transaction accounts or engage in the business of commercial lending on that date, would not have become a bank as a result of enactment of CEBA. |  | | To the contrary, the term must be viewed as distinguishing between deposit taking and lending activities and treating demand deposit-taking as a separate activity from general deposit-taking and commercial lending as separate from the general lending category. |
|
http://www.bankersonline.com/regs/225/225-145.html
(4203 words)
|
|
| |
| | Current account - Wikipedia, the free encyclopedia |
 | | In the United Kingdom a personal current account is a type of deposit bank account which permits the user to make withdrawals on demand by cheque, direct debit or other means. |  | | Often, the capital account and the financial account are both referred to as the capital account. |  | | Structural influences on the BOP and the current account |
|
http://en.wikipedia.org/wiki/Current_account
(4203 words)
|
|
| |
| | OSCN Found Document:Question Submitted by: The Honorable David L. Moss, District Attorney, District Attorney |
 | | ¶2 As noted in the emphasized portion above, 62 O.S. requires that only those funds not needed during the time covered by the time deposit may be placed in such an account. |  | | The phrase "time deposits," as used in 62 O.S. may thus be distinguished from deposits "payable on demand," also provided for in that section. |  | | May a county treasurer, upon appropriate resolution approving such by the Board of County Commissioners, deposit under the authority of 62 O.S. ad valorem tax receipts in banks on a time deposit basis pending their apportionment at the end of each calendar month? |
|
http://www.oscn.net/applications/oscn/DeliverDocument.asp?citeID=57792
(934 words)
|
|
| |
| | StreetWise - Using A Checking Account |
 | | The check is drawn on funds on deposit in the account owner's checking account. |  | | A check is a written order on a credit union, bank, or savings institution, by the account owner, payable on demand to the person named on the check (payee), to that person's order, or the bearer. |  | | A checking account is one of the most basic of all financial services. |
|
http://www.dcu.org/streetwise/howto/checking.html
(4877 words)
|
|
| |
| | Economics Interactive |
 | | M1 money supply= currency + demand deposits in commercial banks + all interest paying checkable accounts + travelers checks. |  | | Imbalances of trade (the current account of balances of payments) caused by disequilibrium may be cured through “macroadjustments” to Aggregate Demand that change nominal GDP (which equals PQ) or, in the longer run, by adjustments to Aggregate Supply. |  | | The multiplier principle is the idea that any increase in one person’s income is partially spent, creating additional income for another person, which is then partially spent, boosting the income of yet another person, and so on. |
|
http://www.unc.edu/depts/econ/byrns_web/Economicae/EconomicaeM.htm
(3706 words)
|
|
| |
| | Bank Deposit Lynch Merrill Program |
 | | Demand deposit - a deposit in a bank where the depositor retains the right to withdraw at any time (on demand) (checking account) Merrill Lynch Direct - Get Now When You Open a CMA Diagonal spread. |  | | Traditional banks that finance small Merrill scoop up an increased deposit base Merrill's bank rivals will fight back. |  | | A program of discounts, rebates, and special First Federal Savings Bank of America is a Member FDIC |
|
http://www.brokerboost.com/resources/bank-deposit-lynch-merrill-program.html
(559 words)
|
|
| |
| | Money Supply and Banks |
 | | This is done by setting up a current account deposit for an individual or business which is balanced by a loan, or overdraft, owed by that customer. |  | | These are alternatively known as demand deposits or sight deposits, and are referred to as being chequebook (or checkbook) money or credit money. |  | | It may be both demand and time deposits, as in the United Kingdom; it may be just demand deposits; or it may be a weighted combination of the two. |
|
http://www.alphalink.com.au/~noelmcd/articles/bankref.htm
(559 words)
|
|
| |
| | MoneyProblem1 |
 | | A check for $60,000 is drawn on an account in Bank B and deposited in a checkable deposit in Bank A. Set up a T-account for Bank A and Bank B showing Asset and Liability columns. |  | | The FED purchases a $2 million government security from Sandro Mondrone, who deposits it into his checking account in Bank 1. |  | | Figure the amount in Demand Deposits, Legal Reserves, Required Reserves and Excess Reserves for Bank A and Bank B. Then answer the |
|
http://www.nic.edu/busprof/nmbartle/ECON201/MoneyPROB1.htm
(406 words)
|
|
| |
| | * Automatic Transfer Service - (Business): Definition |
 | | Demand-deposit accounts, negotiable order of withdrawal NOW accounts, automatic transfer service (ATS) accounts, and credit union share draft accounts... |  | | A depositor's saving account from which funds may be transferred automatically to the same depositor's checking account to cover a check written or to maintain a minimum balance... |  | | automatic transfer service accounts: Deposit accounts offered by commercial banks, credit unions, savings and loan associations, and mutual savings banks... |
|
http://www.mimihu.com/business/automatic_transfer_service.html
(138 words)
|
|
| |
| | NJ Division of Banking - General Provisions |
 | | A deposit account includes but is not necessarily limited to a demand deposit, negotiable order of withdrawal account, money market account, a transaction account, a share draft account and any other personal or family savings account other than a time deposit. |  | | A banking institution may rely on the written representation of the deposit account holder as to the purpose of the account. |  | | Any account opened by a corporation, a partnership, a limited partnership or joint venture shall not be for personal or family purposes. |
|
http://www.state.nj.us/dobi/pn01_028.htm
(9342 words)
|
|
| |
| | Certificate of deposit - Wikipedia, the free encyclopedia |
 | | In exchange for keeping the money on deposit for the agreed-on term, institutions usually grant higher interest rates than they do on accounts from which money may be withdrawn on demand. |  | | The best rates are offered on "Jumbo CD's" with minimum deposits of $100,000 (though some, recognizing that some investors don't want more in the account than is covered by FDIC insurance, have lowered the minimum deposit to $99,000). |  | | There are also "certificates of deposit" issued by various entities that do not carry insurance, and there are various CD and CD-backed products offered by investment houses and "CD brokers." These are more complicated, and the purchaser needs to research and carefully understand the terms and conditions that apply. |
|
http://en.wikipedia.org/wiki/Certificate_of_deposit
(1629 words)
|
|
| |
| | MoneyProblem1 |
 | | A check for $60,000 is drawn on an account in Bank B and deposited in a checkable deposit in Bank A. Set up a T-account for Bank A and Bank B showing Asset and Liability columns. |  | | The FED purchases a $2 million government security from Sandro Mondrone, who deposits it into his checking account in Bank 1. |  | | Figure the amount in Demand Deposits, Legal Reserves, Required Reserves and Excess Reserves for Bank A and Bank B. Then answer the |
|
http://www.nic.edu/busprof/nmbartle/ECON201/MoneyPROB1.htm
(406 words)
|
|
| |
| | Account |
 | | Demand account A demand account is a deposit account held at a financial institution, the funds deposited in which are p... |  | | Savings account A savings account is an account with a compound interest and is usually very little (i.e. |  | | Margin account A margin account is a securities, and also allows for borrowing funds from the broker dealer to purchase... |
|
http://www.brainyencyclopedia.com/topics/account.html
(406 words)
|
|
| |
| | Basic Lecture Notes for Hall and Taylor, Chapter 5 |
 | | Currency issued by the Fed (U.S. dollar bills and coins) in public circulation, plus travelers' checks held by the public, plus demand deposits (non-interest bearing checkable deposit accounts) held by the public, plus interest-bearing checkable deposit accounts held by the public. |  | | An example of printing press financing would be if the government decided to finance some expenditure by means of a check drawn on a deposit account that is obtained at the Fed in exchange for a government bond sold to the Fed. |  | | In somewhat simplified form, M1 can be represented as the sum of currency (U.S. dollar bills and coins) in public circulation, denoted by CU, plus checkable deposit accounts held by the public, denoted by DEP. |
|
http://www.econ.iastate.edu/classes/econ302/tesfatsion/bht5.htm
(2216 words)
|
|
| |
| | Money Market Account |
 | | Also known by the acronym "MMDA", which stands for "money market demand account" or "money market deposit account". |  | | Many money market accounts place restrictions on the amount of transactions you can make in a month (such as five or less). |  | | Furthermore, you usually have to maintain a certain balance in the account to receive the higher rate of interest. |
|
http://www.investopedia.com/terms/m/moneymarketaccount.asp
(2216 words)
|
|
| |
| | Federal Reserve Bank of Minneapolis - About the Fed - United States Monetary Policy |
 | | M1 - Measure of the U.S. money stock that consists of currency held by the public, travelers checks, demand deposits and other checkable deposits including NOW (negotiable order of withdrawal) and ATS (automatic transfer service) account balances and share draft account balances at credit unions. |  | | M2 - M1 plus savings accounts and small denomination time deposits, plus shares in money market mutual funds (other than those restricted to institutional investors), plus overnight Eurodollars and repurchase agreements. |  | | M3 - M2 plus large-denomination time deposits at all depository institutions, large denomination term repurchase agreements, and shares in money market mutual funds restricted to institutional investors. |
|
http://woodrow.mpls.frb.fed.us/info/policy
(2216 words)
|
|
| |
| | New Jersey Statutes: Definitions relative to child support reform. |
 | | "Account" means a demand deposit account, checking or negotiable order of withdrawal account, savings account, time deposit account, or money market mutual fund account. "Account" also includes an equity securities account if permitted under federal law. |  | | "Support order" means a judgment, decree, or order, whether temporary, final or subject to modification, for the benefit of a child, a spouse or a former spouse, which provides for monetary support, health care coverage, arrearages or reimbursement, and may include related costs and fees, interest, income withholding, attorney's fees and other relief. |  | | "Health care coverage" means cash medical support, health insurance, dental insurance, eye care, pharmaceutical assistance and other types of medical support which are ordered by the court to maintain the health coverage of a child. |
|
http://www.kaplandivorce.com/code/2A_17-56.52.html
(1022 words)
|
|
| |
| | Official Code 19-11-30.2 |
 | | (a) As used in Code Section 19-11-30.1, this Code section, and Code Sections 19-11-30.3 through 19-11-30.11, the term: (1) "Account" means a demand deposit account, checking or negotiable order of withdrawal account, savings account, time deposit account, or a money market mutual fund account. |  | | Each financial institution shall furnish all such information on those persons whose accounts bear a residential address within the state at the time such request is processed by the financial institution. |  | | (3) "For cause" means that the department has reason to believe that an individual has opened an account at a financial institution listed in paragraph (3) of this subsection. |
|
http://www.state.ga.us/cgi-bin/pub/ocode/ocgsearch?number=19-11-30.2
(567 words)
|
|
| |
| | money17.htm |
 | | FRS has to account for the publics' money demand. |  | | The effect of an OMO on reserves depends on whether the seller of the bond deposits the FRS check in a bank or cashes the check for currency. |  | | Since the money multiplier is greater than 1, there is an expansion process, which is why MB is called "high-powered money." It expands through the deposit expansion process. |
|
http://spruce.flint.umich.edu/~mjperry/money17.htm
(615 words)
|
|
| |
| | Daily Excelsior...Business |
 | | A deposit exceeding Rs 50,000 in any account with post office savings bank. |  | | The Income Tax Department has made it mandatory for persons entering into various deals or transactions to quote their Permanent Account Number (PAN) from November 1, 1998. |  | | The rupee firmed up against the dollar on renewed sales of greenbacks by corporates and exporters in the absence of adequate demand in thin and lethargic.... |
|
http://www.dailyexcelsior.com/98oct21/busi.htm
(1276 words)
|
|
|