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LSDefine

Simple English definitions for legal terms

negotiable-order-of-withdrawal account

Read a random definition: acta publica

A quick definition of negotiable-order-of-withdrawal account:

A negotiable-order-of-withdrawal account, also known as a NOW account, is a type of savings account that allows the account holder to write checks and earn interest on their balance. It is similar to a checking account but typically has higher interest rates. The account holder can withdraw money from the account at any time, and there may be fees for certain transactions or if the balance falls below a certain amount. Overall, a NOW account is a convenient way to save money while still having access to it when needed.

A more thorough explanation:

Definition: A type of interest-bearing savings account that allows the account holder to write checks. Also known as a NOW account.

Example: John has a NOW account with his bank. He can write checks to pay his bills and earn interest on the balance in his account.

Explanation: A NOW account is a type of bank account that combines the features of a savings account and a checking account. The account holder can earn interest on the balance in the account and also write checks to pay bills. The example illustrates how John uses his NOW account to manage his finances and earn interest on his savings.

negotiable order of withdrawal | negotiable paper

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13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
WorthlessAttractiveZombie
14:28
What are the odds that berk releases later today?
babycat
14:28
@Dkk: And here I thought you were a prophet. Smh.
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