Investor Glossary-money market accountInvestor Glossary-money market accountInvestor Glossary-money market accountInvestor Glossary-money market accountInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Money Market Account

The HTML to link to this page
 

A money market account is a savings account that offers an above average rate of interest when compared to conventional savings accounts. In order to qualify for a money market account, an account holder has to make cash deposits that exceed those that suffice for a normal account. A typical money market account provides many of the same benefits as traditional savings or checking accounts, including Federal government insurance. However, a money market account limits the number of monthly transactions. Likewise, a money market account holder must retain a certain minimum account balance. Although a money market account is considered an investment, its interest rate tends to be inferior to the returns associated with bonds or other investments. A money market account may be obtained at banks or brokerage firms.



Rate this money market account definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: risk management, annual return, FTSE, dividends payable, implied volatility, Zero Cost Collar, inflation, open position, average price per share, 1031 exchange, option premium, quality assurance, current ratio, FICO score, ex-dividend date, liquidity ratio, labor relations, diluted share, margin rate, required rate of return, irrevocable trust, command economy, minority interest, EBITDA, cancelled check, APR, LIBOR, phantom income, deferred revenue, ex-dividend, real GDP, 401a, 1035 exchange, per diem, 144a, Key Rate Duration, stock split, debt service coverage, deferred tax, in escrow, limit order, VIX, wholly-owned subsidiary, covered put, retained earnings, balance sheet, reverse mortgage, class C shares, stock market close


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use