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Esteemed in example sentence

He told me I might lodge the money in the bank as an account, and its being entered into the books would entitle me to the money at any time, and if I was in the north I might draw bills on the cashier and receive it when I would; but that then it would be esteemed as running cash, and the bank would give no interest for it; that I might buy stock with it, and so it would lie in store for me, but that then if I wanted to dispose if it, I must come up to town on purpose to transfer it, and even it would be with some difficulty I should receive the half-yearly dividend, unless I was here in person, or had some friend I could trust with having the stock in his name to do it for me, and that would have the same difficulty in it as before; and with that he looked hard at me and smiled a little.
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