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NOW account
NOW ac·count [ nów ə kòwnt ] (plural NOW ac·counts)


noun 
Definition:
 
U.S. interest-paying savings account: a savings account that pays depositors interest and against which checks can be written
[Late 20th century. Acronym <negotiable order of withdrawal]
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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