Non-maturity deposit: Difference between revisions
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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. | |||
Revision as of 20:21, 13 November 2016
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.