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Given that the interest-bearing demandable deposits were operable by check implies that depositors were able to fully use the cash balances as though they were money.
MMFs perform the core economic activities that define banking--they finance illiquid assets with demandable liabilities and undertake liquidity transformation--and pose risks to financial stability similar to those posed by banks.
Judicial power includes the duty of the courts of justice to settle actual controversies involving rights which are legally demandable and enforceable, and to determine whether or not there has been a grave abuse of discretion amounting to lack or excess of jurisdiction on the part of any branch or instrumentality of the Government.
The first condition demandable for that is that the IT's role is clearly defined in the organization and definitively at the service of the corporate strategy.
With respect to the civil suit, the court saw the question as whether "in this case the law of Virginia alone is to be the rule by which we are to decide whether bail was demandable or not.
For the first time ISPs can implement a turn-key system that will enable immediate revenue generation from provisioning highly demandable security services such as anti-virus, anti- spam, anti-spyware and URL filtering.
20 against their combined demandable liabilities (as they did in fact do just before the war), these reserves would have allowed them to support $1.
Consumers, however, are quickly learning that rather than just buying a new computer, they can improve their machine's performance by upgrading their PCs at incredibly low RAM prices, which have become highly demandable as consumers have moved on to Windows 95.
While textbooks often define banks as intermediaries that gather the savings of households and lend to productive enterprises, most economic models of banks emphasize the point that banks issue deposits, or other money-like liabilities (Diamond and Dybvig 1983 and Gorton and Pennacchi 1990), and that the demandable deposits issued by banks are the source of messy failures of banks when the depositors run.
Demand deposits are deposits at commercial banks that are legally demandable from the bank without prior notice.
Money-market funds have a limited payment role but have no demandable debts, and therefore are not subject to self-aggravating me-first runs.