now account

now account
\\ˈnȧu-\ noun
Usage: usually capitalized N&O&W
Etymology: negotiable order of withdrawal
: a savings account on which checks may be drawn

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Now account «now»,
U.S. a savings account from which a depositor may withdraw money by check for payment to a third party as in a commercial checking account.
[< N(egotiated) O(rder) of W(ithdrawal)]

Useful english dictionary. 2012.

Look at other dictionaries:

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