Non-maturity deposit: Difference between revisions
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''Banking'' | ''Banking''. | ||
(NMD). | (NMD). | ||
A non-maturity deposit by a bank customer, such as a call account, represents a liability of the bank which does not have a contractual maturity date. | A non-maturity deposit by a bank customer, such as a call account, represents a liability of the bank which does not have a contractual maturity date. | ||
Also known as a non-''maturing'' deposit. | |||
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* [[Deposit]] | * [[Deposit]] | ||
* [[Maturity]] | * [[Maturity]] | ||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] |
Latest revision as of 20:51, 1 July 2022
Banking.
(NMD).
A non-maturity deposit by a bank customer, such as a call account, represents a liability of the bank which does not have a contractual maturity date.
Also known as a non-maturing deposit.