Difference between term deposit and demand deposit
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Explanation:
Term deposits, also known as time deposits, are investment deposits made for a predetermined period, ranging from a few months to several years. Demand deposit accounts offer greater liquidity and ease of access as compared to term deposits.
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Explanation:
term deposits-, also known as time deposits are investments deposits made for a predetermined period ranging from the few months to several years
Demand deposits - accounts offer greater liquidity and ease of access as term deposits
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