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Banking. Demand deposits or checkbook money are funds held in demand accounts in commercial banks. These account balances are usually considered money and form the greater part of the narrowly defined money supply of a country. Simply put, these are deposits in the bank that can be withdrawn on demand, without any prior notice.
Posted Thu, Dec 10, 2020 at 2:24 pm ET. On Nov. 30, without warning Waltham's BSC gym closed. (Jenna Fisher/Patch) WALTHAM, MA — When Boston Sports Clubs shut the doors on a dozen of its gyms ...