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What does DDA stand for?

DDA stands for Demand Deposit Account

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of DDA

Other Resources:
We have 228 other meanings of DDA in our Acronym Attic

Samples in periodicals archive:

Chen Yi-tuan, deputy director of the economic research department of the CBC, pointed out that it remains to be seen whether local people will transfer their funds from demand deposit accounts to time deposit accounts, due to the issue of the stock transaction gains tax.
Smaller banks complain that they are unable to compete for the deposits of businesses precisely because of their inability to offer interest on demand deposit accounts.
It cannot be overemphasized that the regulation authorizing banks to impose and collect service and maintenance fees on savings and demand deposit accounts that fall below the required minimum maintaining balance is antithetical to the State's policy of encouraging the public to save in banks to enable them to generate capital resources," Erice said.