Deposit account and Time deposit

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

Difference between Deposit account and Time deposit

Deposit account vs. Time deposit

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account is a savings account, current account or any other type of bank account that allows money to be deposited and withdrawn by the account holder.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

Similarities between Deposit account and Time deposit

Deposit account and Time deposit have 5 things in common (in Unionpedia): Certificate of deposit, Money supply, Reserve requirement, Transaction account, United States.

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.

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Money supply

In economics, the money supply (or money stock) is the total value of monetary assets available in an economy at a specific time.

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Reserve requirement

The reserve requirement (or cash reserve ratio) is a central bank regulation employed by most, but not all, of the world's central banks, that sets the minimum amount of reserves that must be held by a commercial bank.

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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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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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The list above answers the following questions

What Deposit account and Time deposit have in common
What are the similarities between Deposit account and Time deposit

Deposit account and Time deposit Comparison

Deposit account has 26 relations, while Time deposit has 10. As they have in common 5, the Jaccard index is 13.89% = 5 / (26 + 10).

References

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

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