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Checking Deposit

A deposit, specifically a demand deposit, against which cheques/ checks or drafts are written (and funds are drawn either in...

    Checkable Deposit

    A deposit, specifically a demand deposit, against which checks or drafts are written (and funds are drawn either in cash...

      CP

      It stands for commercial paper, which is a written instrument that constitutes short-term obligations with maturities ranging from 2 to…

        Check

        Or cheque in British English, a payment and credit-creating instrument that constitutes an order to pay money from a bank…

          Demand Deposit

          A bank account (a type of checking account) that allows its holder to withdraw from deposited funds on demand, i.e.…

            Negotiable Instrument

            A written instrument which is signed by its maker (the drawer) and contains an unconditional promise or order to pay...