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NOW

The financial definition for NOW:

See: Negotiable Order of Withdrawal




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Negotiable Order of Withdrawal Account (NOW)

Negotiable Order of Withdrawal Account (NOW)
An interest-earning account on which chechs may be drawn. Withdrawals from NOW accounts may be offered by commerical banks, mutual savings banks, and savings and loan associations and may be owned only by individuals and certain nonprofit organizations and govermental units.


Negotiable order of withdrawal (NOW)

Negotiable order of withdrawal (NOW)
Demand deposits that pay interest.


Snowballing

Snowballing
Used in the context of general equities. Process by which the exercise of stop orders in a declining or advancing market causes further downward or upward pressure on prices, thus triggering more stop orders and more price pressure, and so on.




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