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English definition of “NOW account”

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NOW account

noun [C]
 
 
BANKING abbreviation for negotiable order of withdrawal account: in the US, a type of cheque account that pays interest: All the money in your NOW account earns 5% interest per year.
Translations of “NOW account”
in Chinese (Traditional) 可轉讓提款指令帳戶(一種活期存款帳戶)…
in Chinese (Simplified) 可转让提款指令帐户(一种活期存款账户)…
(Definition of NOW account from the Cambridge Business English Dictionary © Cambridge University Press)
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