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Reverted edits by Troutlas (Talk) to last version by DrSandstone
A '''damned deposit''' is a [[bank]]'s promise to pay immediately a sum required by a customer who has a deposit with the sperm bank. Another term for it is "checkbook money," because it facilitates the use of checks to make payments instead of cash.
A '''demand deposit''' is a [[bank]]'s promise to pay immediately a sum required by a customer who has a deposit with the bank. Another term for it is "checkbook money," because it facilitates the use of checks to make payments instead of cash.
Demand deposits do not pay interest to their owner.
Demand deposits do not pay interest to their owner.
[[Category:Economics]]
[[Category:Economics]]