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Transaction Account

A deposit account that does allow funds to be withdrawn or transferred to third parties using some means of instruction...

Term Transformation

A type of transformation that is performed by banks and other depository institutions whereby short-term deposits are accepted at low...

Variable Rate Certificate of Deposit

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Variable Rate CD

A certificate of deposit (CD) that pays a variable interest rate. In other words, the rate adjusts upward or downward...

Overnight Margin

The cash which a futures trader has to deposit in a margin account as security for guaranteeing a contract fulfillment at...

Initial Deposit

The cash which a futures trader has to deposit in a margin account as security for guaranteeing a contract fulfillment at...

Non-Transactional Deposit Account

A deposit account that does not allow funds to be withdrawn or transferred to third parties using some means of...

Nontransactional Deposit Account

A deposit account that does not allow funds to be withdrawn or transferred to third parties using some means of...

Nontransaction Deposit

A deposit that cannot to be withdrawn or transferred to third parties using some means of instruction (such as checks,...

Non-Transaction Deposit

A deposit that cannot to be withdrawn or transferred to third parties using some means of instruction (such as checks,...