What is another term for a chequing account?

Question

Quizplus · Accepted Answer

A chequing account is also known as a demand deposit account because the funds are available whenever the account holder demands them, either through making withdrawals or writing cheques. A treasury account is typically used by government entities to manage their funds, a time deposit is a type of certificate of deposit that has a fixed term and interest rate, and a certificate of deposit is a savings account with a fixed term and interest rate where the funds cannot be accessed until maturity.

What Is Another Term for a Chequing Account