Money held in checking and savings accounts are called:

Name: Money held in checking and savings accounts are called:
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Money held in checking and savings accounts are called demand deposits because they are available for withdrawal on demand by the account holder. Marketable securities are investments such as stocks or bonds, commercial papers are short-term unsecured loans issued by companies, and receivables are money owed to a company by its customers or clients.

Money Held in Checking and Savings Accounts Are Called