demand deposit

(redirected from sight deposit)
Also found in: Dictionary, Financial.
Related to sight deposit: time deposit, demand deposit
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Words related to demand deposit

a bank deposit from which withdrawals can be made without notice

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References in periodicals archive ?
At that time, it predicted that its sight deposit rate would reach 5.
The rate of interest on F-loans is fixed for the life of the loans, and the loans allotted are credited to the relevant banks' sight deposit accounts with Norges Bank.
The Norwegian central bank Norges Bank said on Wednesday (28 January) that its executive board had decided to reduce the interest rate on banks' deposits with Norges Bank, the sight deposit rate, by 0.
In periods of excessive activity in the economy, or expectations of excessive activity, the exchange rate may appreciate, even if the sight deposit rate does not change.
If the Bank ensures that the banking system has a liquidity surplus during the period, banks' marginal investment will be a sight deposit in Norges Bank.
Following the drop of short-term interest rates, sight deposit accounts were nourished from funds flowing out of time deposits; the latter contracted sharply and induced M2 to decrease.
Both the sight deposit rate and the interest rate on banks' overnight loans were reduced by 0.
Effective from today, the interest rate on banks' deposits with Norges Bank, the sight deposit rate, becomes 6.
7 billion dinars, mainly from the positive evolution of sight deposits (+ 32.
Interest on sight deposits at the SNB is to remain at 0.
The third limitation of the current experience is that, partly for the reasons just mentioned plus the prevalent tiering system, negative rates have not been transmitted to retail sight deposits in any of the five jurisdictions with negative policy rates.
This development reflects a significant rise in sight deposits among banks and a recovery in April of certificates of deposit and banknotes and coins in circulation.
The largest decline came from KD sight deposits, down KD 451 million, though savings and foreign currency deposits were also lower.
We consider the following components used in the computation of the Monetary Services Divisia Index: Interest-bearing banks sight deposits (1977Q1-2011Q1), interest-bearing bank time deposits (1977Q1-2011Q1), interest-bearing sight deposits at mutuals (1998Q4-2011Q1), interest-bearing sight deposits at mutuals (1998Q4-2011Q1), and cash individual saving accounts (ISA).
The apex bank has maintained its rate on sight deposits.