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  InterestBearingAccount

Sigma KEE - InterestBearingAccount

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InterestBearingAccount
FinancialAccounts that have a fixed or adjustable interest rate.
Relationships      
Parents FinancialAccount A formal banking, brokerage, or business relationship established to provide for regular services, dealings, and other financial transactions.
Children AdjustableRateAccountAn InterestBearingAccount in which the interest rate is adjusted periodically, usually based on a standard market rate outside the control of the bank or savings institution, such as that prevailing on TreasuryBill or the primeInterestRate.
 FixedRateAccountAn InterestBearingAccount in which the interest rate does not change during the entire term of the loan.
 SavingsAccountAn account in a bank on which interest is usually paid and from which withdrawals can be made usually only by presentation of a passbook or by written authorization on a prescribed form.


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