Negotiable Order of Withdrawal (NOW) Account
An interest-earning bank account with which the customer is permitted to write drafts against money held on deposit. Also known as a "NOW account".

Investopedia Says:
Typically commercial banks, mutual-savings banks and savings-and-loan associations can offer this type of account to individuals, some nonprofit organizations and certain governmental units.

Related Terms:
Bank
Commercial Bank
Investment Bank
M1
Retail Banking
Super NOW Account

• Passive Investing
• Passive Loss
• Passive Management
• Pass-Through Certificate
• Pass-Through Rate
• Pass-Through Security
• Past Due Balance Method
• Patent
• Patent Reexamination
• Patent Share
• Path Dependent Option
• Pathfinder Prospectus
• Pattern
• Pattern Day Trader
• Payable On Death (POD)
• Payable On Death (POD)
• Payback Period
• Pay/Collect
• Paydown
• Paydown Factor
• Payee
• Payer
• Paying Agent
• Payment
• Payment Date