Business and Personal Finance Dictionary

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• DEMAND DEPOSIT ACCOUNT (DDA) - bank account from which funds can be transferred
  
  
• DEMAND DEPOSITS - Checking accounts that pay no interest and from which funds can be withdrawn upon dem...
  
  
• DEMAND DRAFT - also known as sight draft, is a draft payable on demand from the date of issue, e.g. a p...
  
  
• DEMAND INDEX - An index that shows the buying and selling power of markets and stocks from mathematical...
  
  
• DEMAND LETTER - A letter usually from a lawyer on behalf of a client that makes a demand for payment or...
  
  
• DEMAND LINE OF CREDIT - A bank line of credit that enables a customer to borrow on a daily or on-demand...
  
  
• DEMAND LOAN - A loan with no fixed date of termination. A demand loan may be repaid at any time by the ...
  
  
• DEMAND MASTER NOTES - Short-term securities that are repayable immediately upon the holder's demand.
  
  
• DEMAND NOTE - A promissory note that calls for principal to be payable on demand. In recent years, cour...
  
  
• DEMAND NOTE/DEMAND MORTGAGE - a note or mortgage that the lender can call due at any time without prior...