In a broader sense, any loan without a fixed maturity date; however, it can be called immediately, any day, by the lender or the borrower. – Deposits with a bank that are due immediately, without notice; see these shown in the annex “Euro area statistics,” heading “Financial and nonfinancial accounts,” subheading “Major claims of the nonfinancial sectors” in the respective ECB Monthly Bulletin. – See table money, overnight credit.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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