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Examples of demand deposit in a Sentence
Recent Examples on the Web
Certificates of deposit decreased by $350,000, while demand deposit accounts fell by $753,000.
—Quartz Bot, Quartz, 14 Nov. 2024
In economies dominated by digital solutions, the medium of exchange has de facto defaulted to bytes expressing a particular type of agreement (i.e., the terms of a demand deposit account, or certificate of deposit).
—Christian Kameir, Forbes, 7 July 2022
The latter are grouped under the label M1 by the Federal Reserve and, aside from physical cash, include funds recorded in demand deposit accounts, aka checking accounts.
—Christian Kameir, Forbes, 1 Mar. 2021
Get our daily newsletter Banks fund themselves on a short-term basis via demand deposits, but also on money markets, such as that for repos.
—The Economist, 26 Sep. 2019
Checking accounts and demand deposits would bear a -4% or -5% interest rate.
—Charles Eisenstein, Quartz, 27 Aug. 2019
The Swiss reform would move all demand deposits from private banks to the SNB and tie its hands in costly ways (although the proposal is unlikely to pass, polls suggest a surprising third of the population are in favour).
—The Economist, 26 May 2018
The company’s troubles accelerated after news of financial stress prompted some suppliers to demand deposits and payments in advance, according to court papers.
—Lillian Rizzo, WSJ, 12 Aug. 2017
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Word History
First Known Use
1923, in the meaning defined above
Dictionary Entries Near demand deposit
Cite this Entry
“Demand deposit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/demand%20deposit. Accessed 24 Nov. 2024.
Legal Definition
demand deposit
see deposit sense 2a
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