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money-market account

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  • Money market account — This article is about the type of bank deposit account. For the type of mutual fund, see Money market fund. Banking …   Wikipedia

  • Money Market Account — A savings account that offers the competitive rate of interest (real rate) in exchange for larger than normal deposits. Also known by the acronym MMDA , which stands for money market demand account or money market deposit account . Many money… …   Investment dictionary

  • Money Market Account Extra - MMAX — An account structure that provides depositors with the ability to secure FDIC insurance on large deposits that would otherwise exceed the normal insurance limit of $250,000. The MMAX structure allows banks to attract large depositors, including… …   Investment dictionary

  • Money market deposit account — A money market account is a deposit account with a relatively high rate of interest, and short notice (or no notice) required for withdrawals. In the United States, it is a style of instant access deposit subject to federal savings account… …   Wikipedia

  • Money market fund — This article is about the type of mutual fund. For the type of bank deposit account, see Money market account. A money market fund (also known as money market mutual fund) is an open ended mutual fund that invests in short term debt securities… …   Wikipedia

  • Money market — This article is about the financial market. For the fund type, see Money market fund. For the bank deposit account, see Money market account. Finance …   Wikipedia

  • Money Market Yield — The interest rate earned by investing in securities with high liquidity and maturities of less than one year such as negotiable certificates of deposit, U.S. Treasury bills and municipal notes. Money market yield is calculated by taking the… …   Investment dictionary

  • money market deposit account — ( MMDA) A bank deposit account designed to pay a higher rate of interest to depositors than might otherwise be earned in checking or savings accounts. Money market deposit accounts do not have specified maturities. Their rates are administered by …   Financial and business terms

  • money market deposits — ➔ deposit1 * * * money market deposits UK US noun [plural] FINANCE ► amounts of money that are invested in the money market rather than being kept in an ordinary bank account: »Money market deposits often carry a high interest rate …   Financial and business terms

  • insured money market account — /ɪnˌʃυəd mʌni ˌmɑ:kɪt əˌkaυnt/ noun a high yield account, in which the investor has to deposit a certain minimum sum, which is insured by the provider against capital loss. Abbreviation IMMA …   Dictionary of banking and finance

  • money market — the short term trade in money, as in the sale and purchase of bonds and certificates. [1925 30] * * * Set of institutions, conventions, and practices whose aim is to facilitate the lending and borrowing of money on a short term basis. The money… …   Universalium

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