The Technical Name for a Savings Account Is a

question 181

Multiple Choice

The technical name for a savings account is a

• A) time deposit.
• B) demand deposit.
• C) deferred account.
• D) retained income account.

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Definitions:

Iron

A chemical element with symbol Fe and atomic number 26, known for its metallic properties and crucial role in biological processes like oxygen transport in hemoglobin.

Hydrogen Bonds

Weak bonds between partially positive hydrogen atoms and partially negative atoms, such as oxygen or nitrogen, important in the structure of water and biological molecules.

Cohesiveness

The characteristic of molecules or particles sticking together in a mass, important in various physical and biological processes.

Ionic Bonds

A chemical bond formed between two ions with opposite charges through the transfer of one or more electrons from one atom to another.