Negotiable-Order-Of-Withdrawal Account

Business / Taxes / Negotiable-Order-Of-Withdrawal Account: A negotiable-order-of-withdrawal (NOW) account is an interest-bearing checking account that pays interest on the balance, usually at a rate comparable to a money market account. You may be required to maintain a fairly substantial minimum balance in a NOW account to avoid high fees or loss of interest, or both.

Other Words for Account

Account Noun Synonyms: calculation, accounting, reckoning, computation, (financial) statement, enumeration
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Medical Savings Account (MSA)

Health / Health Insurance / Medical Savings Account (MSA): A trust that employees of small businesses may establish to pay for out-of-pocket medical expenses. MORE

Medical Savings Accounts (MSA)

Business / Human Resources (HR) / Medical Savings Accounts (MSA): Savings accounts designated for out-of-pocket medical expenses. In an MSA, employers and individuals are allowed to contribute to a savings account on a pre-tax basis and carry over the unused funds a MORE

Memorandum Accounts

Business / Accounting / Memorandum Accounts: A name for the accounts held in a subsidiary ledger. Eg. the accounts in a sales ledger . MORE

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