3 ms·
Once deposited it’s no longer your money. The bank has a liability to you equal to the deposited amount, but you have no more control of those (virtual) dollars
by donavanm 4y ago
Once deposited it’s no longer your money. The bank has a liability to you equal to the deposited amount, but you have no more control of those (virtual) dollars. That’s an asset for you, but this action is not your “investment.”