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 market accounts place restrictions on the amount of transactions you can make in a month (such as five or less). Furthermore, you usually have to maintain a certain balance in the account to receive the higher rate of interest. Some banks require at least $500, others require a much higher balance.
Also known by the acronym "MMDA", which stands for "money market demand account" or "money market deposit account".
|||Many money market accounts place restrictions on the amount of transactions you can make in a month (such as five or less). Furthermore, you usually have to maintain a certain balance in the account to receive the higher rate of interest. Some banks require at least $500, others require a much higher balance.
附件列表
词条内容仅供参考,如果您需要解决具体问题
(尤其在法律、医学等领域),建议您咨询相关领域专业人士。
如果您认为本词条还有待完善,请 编辑
上一篇 Money Flow Index - MFI 下一篇 Money Market Investor Funding Facility - MMIFF