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A demand deposit or bank money refers to the funds held in demand deposit accounts in commercial banks. These account balances are considered money and usually form the greater part of money supply. HistoryTraditionally, demand deposits only referred to funds held in checking accounts (or cheque accounts), however, financial innovation has allowed easier access to funds from other types of accounts (e.g. savings accounts, money market deposit 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 United States. From Wikipedia under the
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unknown Wed, 28 Jul 2010 00:00:00 GM It will include lending, saving and deposit products, and your friendly neighbourhood . bank. will get involved in all three. The whole approach would be more of business than obligation. The . money. that flows into this sector will ... From Google Blog Search: "Bank money" India Bonds Down As RBI Hikes Rates; Rupee Gains On Rate Gap, Stocks - Wall Street Journal
Tue, 27 Jul 2010 13:49:20 GMT+00:00 Wall Street Journal ... at a foreign bank . "It is fairly clear by now that the RBI and the government of India are deliberately ensuring tighter liquidity to keep the money in ... 'Ho Hum Bandit' Hits 9th SoCal Bank - Los Angeles Times
Mon, 26 Jul 2010 17:38:25 GMT+00:00 Los Angeles Times He walked up to a teller and handed her a note demanding money , according to police. After studying surveillance video of the latest robbery, police believe ... SoCal 'Ho-Hum Bandit' robber hits same banks again San Francisco Chronicle SoCal's 'Ho-Hum Bandit' strikes again abc7.com The Ho-Hum Bandit Strikes Again! (Yawn) OC Weekly (blog) OCRegister Credit Cards Take From Poor, Give to the Rich - Wall Street Journal (blog)
Tue, 27 Jul 2010 13:41:45 GMT+00:00 Wall Street Journal (blog) ... from the Federal Reserve Bank of Boston says merchant fees and reward programs offered by many credit-card issuers essentially take money from those who ... Why Free Checking is on Life Support Forbes (blog) Your credit card rewards? Brought to you by poor, cash-payers. OregonLive.com (blog) From Google News Search: "Bank money" How can a new bank borrow money from the Government to loan out money to the people? Q. I am a freshman in a high school. Just curious!!! I know that when someone starts a new bank they don't have enough money from people's deposit to loan out money to other people, so they have to borrow money from government. Can you tell me how one can borrow money from government? detail answer would be great. thank you very much. Asked by Parth - Tue Dec 22 23:53:37 2009 - - 0 Answers - 0 Comments A. The financial concepts you're looking for are "market liquidity", "reserve requirement", and "discount window". When you deposit money into your bank, your deposit account becomes a liability for the bank. It's a liability because the bank must give you your money back whenever you ask for it. So long as your money remains with them, however, they are free to lend your money to other people. These loans are assets for the bank, because the money will be returned to them when the loans are due. More to the point, your cash account is a "liquid" liability because cash must be given to you immediately when you ask for it. Loans, however, are not a liquid asset because they cannot be traded so freely. So there's a potential problem if a… [cont.] Answered by Matt - Wed Dec 23 03:00:14 2009 What happens if you do a wrong net bank money transfer? Q. I was using paypal for the first time and I think I did something wrong.. I didn't lose a lot of money, I got something mixed up.. I was just testing it for the first time so I at least NOW know what to do. I felt so dumb! Anyway, what will happen to the $7.00 which I transfer to some random place? Asked by :] - Mon May 31 06:42:37 2010 - - 1 Answers - 0 Comments Bank recovering money owed on a business account?
Q. Sole trader ceasing trading and owing money on a business account. Can the bank take money from his sole personal account to put in the business one? All the household finances are paid through the personal account. Asked by mezzie - Wed Jun 25 03:29:08 2008 - - 7 Answers - 0 Comments A. hi mezzie They sure can and do. It's happened to me. It's always best to use 2 diferent banks. Answered by Arnie - Wed Jun 25 03:38:00 2008 From Yahoo Answer Search: "Bank money" |






