Demand deposit

View previous topic View next topic Go down

Demand deposit

Post  fearlove on Wed Nov 16, 2011 3:10 pm

financial innovation has allowed easier access to funds from other types of accounts (e.g. savings accounts, money market account), and these funds are sometimes also referred to as demand deposits.
In the United States, demand deposits arose following the 1865 tax of 10% on the issuance of state bank notes; see history of banking in the USA.

R4i Karte
Play the best free games

fearlove

Posts: 842
Join date: 2011-04-22

View user profile

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

Permissions in this forum:
You cannot reply to topics in this forum