A deposit, specifically a demand deposit, against which cheques/ checks or drafts are written (and funds are drawn either in...

A deposit, specifically a demand deposit, against which checks or drafts are written (and funds are drawn either in cash...

It stands for commercial paper, which is a written instrument that constitutes short-term obligations with maturities ranging from 2 to…

Or cheque in British English, a payment and credit-creating instrument that constitutes an order to pay money from a bank…

A bank account (a type of checking account) that allows its holder to withdraw from deposited funds on demand, i.e.…

A written instrument which is signed by its maker (the drawer) and contains an unconditional promise or order to pay...