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English definition of “NOW account”

NOW account

noun [C] uk   /ˈnaʊ.əˌkaʊnt/ US us  
a negotiable order of withdrawal account: a type of bank account that allows you to take money out at any time and also earns interestBanks and bank accounts
(Definition of NOW account from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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