Super Finance Glossary
Over 10,000 financial glossary terms...
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Searched for Negotiable Order of Withdrawal
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Negotiable Order Of Withdrawal (NOW)
Definition: Demand deposits that pay interest.
Definition: Demand deposits that pay interest.
Negotiable Order Of Withdrawal Account (NOW)
Definition: An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.
Definition: An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.
