Term Deposit vs. Demand Deposit: What's the Difference?
Published on: Tuesday 07 July 2015
Demand deposits and term deposits refer to two different types of deposit accounts available at a bank or similar financial institution, such as a credit union. Demand deposits and term deposits ...
News source: https://www.investopedia.com/ask/answers/070615/what-difference-between-demand-deposit-and-term-deposit.asp