@ François 20:45 May 16, 2017
You're missing the point. Two things:
1. You're assuming that the "avoirs" in question consist only of cash. I find that fairly unlikely, since if they were cash, they would probably be referred to as "fonds" rather than "avoirs".
2. Even if the assets do consist of cash "assets on deposit" would still be an appropriate term.
"Demand deposits" is not an appropriate term, because it only works if (i) the assets consist purely of cash (which we don't know), and (ii) even then only if they are deposited in a "compte à vue", which again we don't know. |