Negotiable Order of Withdrawal account

In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest, on which an unlimited number of checks may be written.

While a negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account" separately. And until July 2011, Regulation Q stated that a demand deposit could not pay interest. NOW accounts were structured to comply with Regulation Q.

单词	Negotiable Order of Withdrawal Account
释义	Negotiable Order of Withdrawal Account 英语百科 Negotiable Order of Withdrawal account In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest, on which an unlimited number of checks may be written. While a negotiable order of withdrawal is essentially identical to a check drawn on a demand deposit account, US banking regulations define the terms "demand deposit account" and "negotiable order of withdrawal account" separately. And until July 2011, Regulation Q stated that a demand deposit could not pay interest. NOW accounts were structured to comply with Regulation Q.
随便看	respiratory atria的意思 respiratory atrium的意思 respiratory audiometer的意思 respiratory auxiliary system的意思 respiratory blood pathway的意思 respiratory box的意思 Respiratory bronchiole的意思 Respiratory bronchioles的意思 respiratory bundle的意思 respiratory burn的意思 Respiratory burst的意思 respiratory burst oxidase的意思 Respiratory Bursts的意思 respiratory calorimeter的意思 respiratory cancer的意思 respiratory capacity的意思 respiratory cardiovascular reflex的意思 respiratory care unit的意思 Respiratory Care Units的意思 respiratory carrier的意思 respiratory catalyst的意思 respiratory cavity的意思 Respiratory center的意思 Respiratory centers的意思 Respiratory centre的意思

Negotiable Order of Withdrawal Account

Negotiable Order of Withdrawal account