Typically commercial banks, mutual-savings banks and savings-and-loan associations can offer this type of account to individuals, some nonprofit organizations and certain governmental units.
Investment dictionary. Academic. 2012.
Negotiable Order of Withdrawal — ( NOW) The name of an interest bearing checking account that banks are permitted by regulation to offer to certain customers. American Banker Glossary … Financial and business terms
Negotiable order of withdrawal account — (сокр. NOW account, в русской экономической литературе называется НАУ счёт) в США так называется сберегательный счёт, владелец которого имеет право при уведомлении банка за 30 дней выписать обращающиеся приказы об изъятии (negotiable orders of… … Википедия
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 checks may be written.[1] While a negotiable order of withdrawal is essentially identical to a check, US banking… … Wikipedia
Negotiable Order of Withdrawal Account — ( NOW account) An interest earning account on which checks may be drawn. Withdrawals from NOW accounts may be offered by commercial banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain… … Financial and business terms
negotiable order of withdrawal account — /nɪˌgəυʃiəb(ə)l ˌɔ də əv wɪð drɔ əl əˌkaυnt/ noun US full form of NOW account … Dictionary of banking and finance
negotiable order of withdrawal — /nɪˌgəυʃiəb(ə)l ˌɔ də əv wɪð drɔ əl/ adjective a cheque written on a NOW account … Dictionary of banking and finance
NOW account — Negotiable Order of Withdrawal ( NOW) The name of an interest bearing checking account that banks are permitted by regulation to offer to certain customers. American Banker Glossary ( Negotiable Order of Withdrawal Account) An interest earning… … Financial and business terms
negotiable order of withdrawal — NOW A type of cheque used in US savings accounts that are interest bearing and from which sums can be withdrawn. If no interest is paid the account is called a NINOW … Big dictionary of business and management
NOW account — / naυ əˌkaυnt/ noun US an interest bearing account with a bank or savings and loan association, on which cheques (called ‘negotiable orders of withdrawal’) can be drawn. Full form negotiable order of withdrawal account … Dictionary of banking and finance
now account — ˈnȧu noun Usage: usually capitalized N&O&W Etymology: negotiable order of withdrawal : a savings account on which checks may be drawn * * * Now account «now», U.S. a savings account from which a depositor may withdraw money by check for payment… … Useful english dictionary
