money market account  definition
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money market deposit account Definition. A savings account which shares some of the characteristics of a money market fund. Like other savings accounts, money market deposit accounts are insured by the Federal government. Money market deposit accounts offer many of the same services as checking accounts although transactions may be somewhat more limited.
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How do money market accounts work? With bank accounts, the money in a money market account is insured by the Federal Deposit Insurance Corporation (FDIC), which means that even if the bank or credit union goes out of business, your money will still be there.ith credit unions, the money in a money market account is insured by the National Credit Union Administration (NCUA), a federal agency.
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Money market fund 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 called a money market mutual fund) is an open-ended mutual fund that invests in short-term debt securities such as US Treasury bills and commercial paper.
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What is a money market account? Your bank or credit union may also have a minimum deposit that it requires to open a money market account. A money market account is different from a money market mutual fund, or a money market fund. Money market funds are offered by investment companies and others. Money market funds are not insured by the FDIC or the NCUA, which means you could possibly lose money investing in a money market fund.
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What is a money market account? A money market account is a special type of savings account offered by banks and credit unions. Money market accounts are sometimes called money market deposit accounts or money market savings accounts. money market account is different from a money market mutual fund, or a money market fund. Money market funds are offered by investment companies and others.
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Learn the Difference Money Market Funds vs. Money Market Accounts. Learn the Difference. It's important to know the difference between a money market account (or MMA), which is a deposit account offered by banks, and a money market fund (or MMF), which is an investment product offered by non-bank financial entities like brokers, mutual fund companies, etc.
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Securities market Money market - Money market instruments. 1  Certificate of deposit – Time deposit, commonly offered to consumers by banks, thrift institutions, and credit unions.
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money market mutual fund Definition. An open-end mutual fund which invests only in money markets. These funds invest in short term (one day to one year) debt obligations such as Treasury bills, certificates of deposit, and commercial paper.The main goal is the preservation of principal, accompanied by modest dividends.efinition. An open-end mutual fund which invests only in money markets. These funds invest in short term (one day to one year) debt obligations such as Treasury bills, certificates of deposit, and commercial paper.
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- Retirement Money Market Account. AAA |. A retirement money market account may be held within a Roth IRA, traditional IRA, rollover IRA, 401(k) or other retirement account. Unlike a regular money market account, a retirement money market account is governed by a retirement plan agreement.
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- We will also review standard market conventions for bond and swap pricing, as well as pricing of interest rate caps, swaptions and bond options. The Money Market Account and the Short Rate The first definition we will consider is the (continuously compounded) bank account, or money market account.
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A Money Market Account Might Not Be the Obvious Choice for You â Yet. Money market account basics. Money market accounts combine many of the features of other bank accounts. A money market account definition often notes that a money market account functions a lot like a savings account with limited checking account privileges. You usually earn a variable rate of interest, as well.
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How Does a Money Market Account (MMA) Work? You can deposit money into your Money Market Account at any time by check, direct deposit, or a transfer through Online Banking. You also have the option to close the account at any time and there is no penalty for doing so.
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- Money Market Funds. A money market fund is a type of mutual fund that is required by law to invest in low-risk securities.These funds have relatively low risks compared to other mutual funds and pay dividends that generally reflect short-term interest rates.Unlike a “money market deposit account” at a bank, money market funds are not federally insured.hese funds have relatively low risks compared to other mutual funds and pay dividends that generally reflect short-term interest rates. Unlike a “money market deposit account” at a bank, money market funds are not federally insured.
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cash market cash market. The market in which trades are made for the immediate sale or purchase of a particular item. Cash market is commonly used in commodities trading to differentiate transactions involving immediate or nearly immediate delivery from transactions requiring delivery at a future time. Also called spot market. In a cash market, buyers pay the market price for securities, currency, or commodities on the spot, just as you would pay cash for groceries or other consumer products.
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- Money market accounts are similar to savings accounts, but often pay higher interest and may carry certain restrictions, such as a minimum balance or a limited number of transactions allowed per month.s I understand it, a money market account is similar to a money market fund, in that the higher interest rate is supported by short-term debt. Of course, my understanding could be wrong, but if it is, this article didn’t do anything at all to help correct that. loading....
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Best Money Market Accounts for 2018 #1: Ally Bank Money Market Account. Ally Money Market Account is the MMA to beat because of its combination of high interest rates, easy-to-understand disclosures, and customer-pleasing perks. The 0.85% APY is among the best available, and there are no maintenance fees.
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Financial market Based on security types. 1  Money market: Money market is a market for dealing with financial assets and securities which have a maturity period of up to one year. 2  Capital market: A capital market is a market for financial assets which have a long or indefinite maturity. Generally it deals with long term securities which have a maturity period of above one year.
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What's a money-market fund? Ultimate guide to retirement. A money-market fund invests in cash equivalents - typically super-short-term loans to creditworthy corporate or government borrowers. People often invest the cash portion of their retirement portfolio, if any, in money-market funds. (Other cash investments include certificates of deposit and bank savings accounts.) Though money-market funds are very safe, their long-term returns are lower than those for bonds, and much lower than those for stocks.
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Current account DEFINITION of 'Current Account'. The difference between a nation’s savings and its investment. The current account is an important indicator about an economy's health. It is defined as the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current transfers.EFINITION of 'Current Account'. The difference between a nation’s savings and its investment. The current account is an important indicator about an economy's health. It is defined as the sum of the balance of trade (goods and services exports less imports), net income from abroad and net current transfers.
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- The best money market accounts come with high yields, low minimum balances, few fees and the right amount of access to your funds. Shop around to find the best rates and evaluate what different banks and credit unions, in your area and online, are offering. A money market account can be a good place to park your cash. There are some limitations, but it’s a option worth considering if you want to see your money grow in a safe environment.
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What is a 'Trading Account' What is a 'Trading Account'. A trading account is similar to a traditional bank account, holding cash and securities, and is administered by an investment dealer.
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Personal Savings Accounts If you’re maintaining higher balances, the Money Market account pays a better interest rate than a traditional savings account. Earn an interest rate premium when account is held in conjunction with qualifying checking account. Learn More.
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Financial market 1 Money market: Money market is a market for dealing with financial assets and securities which have a maturity period of up to one year. In other words, it’s a market for purely short term funds.  Capital market: A capital market is a market for financial assets which have a long or indefinite maturity.
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Money market The money market consists of financial institutions and dealers in money or credit who wish to either borrow or lend. Participants borrow and lend for short periods, typically up to twelve months. Money market trades in short-term financial instruments commonly called paper.
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How Does a Jumbo Money Market Work? Jumbo MMAs are special money market accounts with high minimum balance requirements that can allow your savings to grow faster than run-of-the-mill accounts. Jumbo MMA Basics To open a normal money market account, you usually need to make an initial deposit of $1,000 or less.
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- Money Market Account. Before internet banks, the money market account typically offered the best yields for liquid bank accounts. These were typically tiered-rate accounts that offered the best yields for large balances. A monthly service fee was also common unless you maintained a minimum balance.