Talk:Deposit account
From Wikipedia, the free encyclopedia
 |
This article is within the scope of WikiProject Finance, a collaborative effort to improve the coverage of articles related to Finance on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks. |
|
 Start |
This article has been rated as Start-Class on the project's quality scale. |
| High |
This article has been rated as High-importance on the project's importance scale. |
|
|
|
|
 |
This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks. |
|
| Start |
This article has been rated as Start-Class on the project's quality scale. |
| Mid |
This article has been rated as Mid-importance on the project's importance scale. |
|
|
|
|
[edit] Terminology problems
I just discovered this article, which needs some work. As counter-intuitive as it may seem to a layperson, a "deposit account" is not an asset of the bank -- it's a liability owed by the bank to its customer. The asset is the money (or checks, etc.) deposited by the customer. Stay tuned. Yours, Famspear 17:48, 8 August 2006 (UTC)
The use of the term "Deposit account" to include current (cheque) accounts as well as savings accounts is, as far as I'm aware, a specifically US (or North American) terminology. In the UK, and most of Europe, "deposit account" is a synonym for "savings account" and is separate to a current account. MarkSG (talk) 17:26, 25 January 2012 (UTC)
