Negotiable Order of Withdrawal accounts
E781033
Negotiable Order of Withdrawal (NOW) accounts are interest-bearing deposit accounts offered by banks and other depository institutions that allow customers to write checks against their balances, functioning much like a hybrid between checking and savings accounts.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Negotiable Order of Withdrawal accounts canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T9142769 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Negotiable Order of Withdrawal accounts Context triple: [Depository Institutions Deregulation and Monetary Control Act, created, Negotiable Order of Withdrawal accounts]
-
A.
U.S. Individual Retirement Accounts
U.S. Individual Retirement Accounts are tax-advantaged investment accounts that allow individuals in the United States to save and invest for retirement under specific IRS rules and contribution limits.
-
B.
Qonto
Qonto is a European neobank and financial management platform designed to provide business accounts and streamlined banking services for freelancers, startups, and small to medium-sized enterprises.
-
C.
ATM
ATM is the commonly used abbreviation for Atlético de Madrid, the Spanish professional football club nicknamed "Los Colchoneros."
-
D.
ATM
"ATM" is a hit single by rapper J. Cole known for its commentary on materialism and catchy "count it up" refrain.
-
E.
U.S. savings notes
U.S. savings notes were non-marketable U.S. government savings securities, similar to savings bonds, that allowed individuals to invest small amounts in Treasury debt and earn interest over time.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Negotiable Order of Withdrawal accounts Target entity description: Negotiable Order of Withdrawal (NOW) accounts are interest-bearing deposit accounts offered by banks and other depository institutions that allow customers to write checks against their balances, functioning much like a hybrid between checking and savings accounts.
-
A.
U.S. Individual Retirement Accounts
U.S. Individual Retirement Accounts are tax-advantaged investment accounts that allow individuals in the United States to save and invest for retirement under specific IRS rules and contribution limits.
-
B.
Qonto
Qonto is a European neobank and financial management platform designed to provide business accounts and streamlined banking services for freelancers, startups, and small to medium-sized enterprises.
-
C.
ATM
ATM is the commonly used abbreviation for Atlético de Madrid, the Spanish professional football club nicknamed "Los Colchoneros."
-
D.
ATM
"ATM" is a hit single by rapper J. Cole known for its commentary on materialism and catchy "count it up" refrain.
-
E.
U.S. savings notes
U.S. savings notes were non-marketable U.S. government savings securities, similar to savings bonds, that allowed individuals to invest small amounts in Treasury debt and earn interest over time.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
bank account
ⓘ
interest-bearing deposit account ⓘ retail deposit product ⓘ |
| allows |
check-writing
ⓘ
drafts payable to third parties ⓘ |
| alsoKnownAs |
NOW account
ⓘ
Negotiable Order of Withdrawal (NOW) account ⓘ |
| balanceType | liability of the depository institution ⓘ |
| canBeAccessedBy |
ATMs
ⓘ
mobile banking ⓘ online banking ⓘ |
| createdTo | circumvent interest rate ceilings on demand deposits ⓘ |
| denominatedIn | U.S. dollars ⓘ |
| differsFrom | traditional demand deposit account by paying interest ⓘ |
| earns | interest ⓘ |
| firstIntroducedInRegion | New England ⓘ |
| fundsAvailability | generally payable on demand ⓘ |
| governedBy | account agreement between depositor and institution ⓘ |
| hasCharacteristic |
demand-deposit-like access with interest
ⓘ
hybrid between checking and savings accounts ⓘ |
| hasFeature |
checkbook access
ⓘ
debit card access (often) ⓘ direct deposit capability ⓘ electronic funds transfer capability ⓘ limited or tiered interest rates ⓘ minimum balance requirements (often) ⓘ |
| holderType |
individuals
ⓘ
joint account holders ⓘ trusts (in some cases) ⓘ |
| insuredBy |
Federal Deposit Insurance Corporation (FDIC) for banks
ⓘ
linked to:
Federal Deposit Insurance Corporation
National Credit Union Administration (NCUA) for credit unions ⓘ
linked to:
National Credit Union Administration
|
| introducedIn | 1970s ⓘ |
| mayBeOfferedTo |
government units
ⓘ
nonprofit organizations ⓘ |
| mayCharge |
check-writing fees (in some cases)
ⓘ
monthly maintenance fees ⓘ |
| offeredBy |
banks
ⓘ
credit unions ⓘ savings and loan associations ⓘ |
| offeredInJurisdiction |
United States
ⓘ
linked to:
United States of America
|
| regulatesUnder |
Regulation Q (historically)
ⓘ
linked to:
Regulation Q
|
| requires | that withdrawals be made through negotiable orders (checks) ⓘ |
| similarTo | interest-bearing checking account ⓘ |
| subjectTo |
federal banking regulations
ⓘ
reserve requirements (for depository institutions, historically) ⓘ |
| typicallyNotOfferedTo | for-profit businesses (in many jurisdictions) ⓘ |
| typicallyOfferedTo | consumers ⓘ |
| usedFor |
everyday transactions
ⓘ
short-term savings ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Negotiable Order of Withdrawal accounts Description of subject: Negotiable Order of Withdrawal (NOW) accounts are interest-bearing deposit accounts offered by banks and other depository institutions that allow customers to write checks against their balances, functioning much like a hybrid between checking and savings accounts.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
Depository Institutions Deregulation and Monetary Control Act
→
created
→
Negotiable Order of Withdrawal accounts
ⓘ