Checking Accounts

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Definitions
Checking Accounts
Checking Accounts Bank Deposits Demand Deposits M1 Money Supply Interest-Bearing Accounts
Bank deposit accounts that offer the privilege of writing checks against the balance of funds in the account. These accounts are the primary type of demand deposits that are part of the M1 money supply.
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Definitions
Negotiable Order of Withdrawal (NOW)
Negotiable Order of Withdrawal (NOW) Banking Deposits Checking Accounts Interest-Bearing Accounts Savings and Loans Financial Instruments
A Negotiable Order of Withdrawal (NOW) is a type of bank or savings and loan withdrawal ticket that functions as a negotiable instrument, allowing for withdrawals from interest-bearing checking accounts.
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