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Bank account and Deposit account

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Bank account and Deposit account

Bank account vs. Deposit account

A bank account is a financial account maintained by a bank for a customer. A deposit account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.

Similarities between Bank account and Deposit account

Bank account and Deposit account have 6 things in common (in Unionpedia): Certificate of deposit, Money market account, Negotiable order of withdrawal account, Savings account, Time deposit, Transaction account.

Certificate of deposit

A certificate of deposit (CD) is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions.

Bank account and Certificate of deposit · Certificate of deposit and Deposit account · See more »

Money market account

A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets.

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Negotiable order of withdrawal account

In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest, on which an unlimited number of checks may be written.

Bank account and Negotiable order of withdrawal account · Deposit account and Negotiable order of withdrawal account · See more »

Savings account

A savings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque).

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Time deposit

A time deposit or term deposit (also known as a certificate of deposit in the United States) is a deposit with a specified period of maturity and earns interest.

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Transaction account

A transaction account, checking account, current account, demand deposit account, or share draft account (at credit unions) is a deposit account held at a bank or other financial institution.

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The list above answers the following questions

Bank account and Deposit account Comparison

Bank account has 36 relations, while Deposit account has 26. As they have in common 6, the Jaccard index is 9.68% = 6 / (36 + 26).

References

This article shows the relationship between Bank account and Deposit account. To access each article from which the information was extracted, please visit:

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