Day of deposit to day of withdrawal account


 

Home
Site Map
Add Term
Search
About Us
Contributors

Day of deposit to day of withdrawal account

A bank account that pays interest according to the number of days that the money is actually on deposit.



Day of deposit to day of withdrawal account

Similar Matches

Negotiable Order of Withdrawal Account (NOW)

Negotiable Order of Withdrawal Account (NOW)

An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.


Early withdrawal penalty

Early withdrawal penalty

Penalty paid by the holder of a fixed-term investment penalizing an investor who withdraws money before the agreed-upon maturity date.


In service withdrawal

In service withdrawal

A participant-initiated withdrawal from an employer-sponsored retirement plan while the participant is still employed by the company.


Systematic withdrawal plan

Systematic withdrawal plan

A provision of certain mutual funds to pay out to the shareholder specified amounts after specified periods of time.


Early withdrawal

Early withdrawal

See: Premature distribution


Further Suggestions

Negotiable order of withdrawal (NOW)
Automatic withdrawal
early withdrawal penalty


 
All rights Reserved. Do not copy without permission.