: a bank deposit that can be withdrawn without advance notice
Examples of demand deposit in a Sentence
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The demand deposit rate fell to 0.05% from 0.1%, and the 1-Year deposit rate dropped below 1% for the first time, to 0.95%.—Brendan Ahern, Forbes.com, 20 May 2025 Despite these setbacks, in March 24 the firm partnered with Vantage Bank to tokenize U.S. dollar demand deposits on Ethereum via ERC-20; the appetite and interest in tokenized payments continues to accelerate.—Sean Stein Smith, Forbes.com, 25 Apr. 2025 Noninterest-bearing demand deposits accounted for 37% of total deposits.—Quartz Intelligence Newsroom, Quartz, 1 Apr. 2025 Total deposits increased to $1.04 billion, with a shift from noninterest-bearing demand deposits to higher-yielding time deposits.—Quartz Intelligence Newsroom, Quartz, 14 Mar. 2025 Total deposits grew by $1.2 billion, or 4%, driven by increases in time deposits and interest-bearing demand deposits.—Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025 Cash and cash equivalents decreased by $1.0 million to $17.3 million, primarily held in interest-bearing demand deposits.—Quartz Bot, Quartz, 14 Nov. 2024 The increase was mainly in interest-bearing demand deposits and certificates of deposit.—Quartz Bot, Quartz, 14 Nov. 2024 Certificates of deposit decreased by $350,000, while demand deposit accounts fell by $753,000.—Quartz Bot, Quartz, 14 Nov. 2024
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