money market deposit account
11money 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… …
12Money 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… …
13Money 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… …
14Money fund — Money funds (or money market funds , money market mutual funds ) are mutual funds that invest in short term debt instruments. Explanation Money market funds, also known as principal stability funds, seek to limit exposure to losses due to credit …
15Money supply — Finance Financial markets Bond market …
16account — I n. description report 1) to give, render an account 2) an accurate, true; biased, one sided; blow by blow, detailed, full; eyewitness; fictitious; first hand; running; vivid account (she gave a detailed account of the incident) 3) newspaper,… …
17Savings account — Savings accounts are accounts maintained by retail financial institutions that pay interest but can not be used directly as money (by, for example, writing a cheque). These accounts let customers set aside a portion of their liquid assets while… …
18Bank account — A bank account is a financial account with a banking institution recording the financial transactions between the customer and the bank and the resulting financial position of the customer with the bank. Bank accounts may have a positive or… …
19capital builder account — ( CBA) A Merrill Lynch brokerage account that allows investors to access the loan value of his or her eligible securities to buy or sell securities. Excess cash in a CBA can be invested in a money market fund or an insured mon …
20insured 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 …
