Money Market Account

Business / Taxes / Money Market Account: These bank savings accounts normally pay interest at rates comparable to those offered by money market mutual funds or money market separate accounts offered under a variable annuity contract. One appeal of money market accounts is that they have the added safety of Federal Deposit Insurance Corporation (FDIC) protection, up to a limit of $100,000 per depositor. One drawback may be that some banks reduce the interest they pay or impose fees if your balance falls below a specific amount. Money market accounts may offer check writing and cash transfer privileges, although there are usually limits on the number of withdrawals or transfers you can make each month.

Other Words for Account

Account Noun Synonyms: calculation, accounting, reckoning, computation, (financial) statement, enumeration
MORE

Other Words for Market

Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
Market Verb Synonyms: market-place, exchange, Stock Exchange
MORE

Other Words for Money

Money Noun Synonyms: currency, legal tender, medium of exchange, specie, (hard) cash, ready money, banknotes, paper money, notes, bills, coin(s), change, small change, (filthy) lucre, pelf, shekels, lolly, readies, folding money, cold (hard)
Money Adjective Synonyms: resources, wealth, fortune, funds, capital, wherewithal, affluence, means, (liquid) assets, riches, bundle
MORE

Near Money

Business / Finance / Near Money: Assets that are easily convertible into cash, such as money market accounts and bank deposits. MORE

Money Market Fund

Business / Finance / Money Market Fund: A mutual fund that invests only in short-term securities, such as banker's acceptances, commercial paper, repurchase agreements, and government bills. The net asset value per share is maintained at $1 MORE

Money Supply

Business / Finance / Money Supply: M1-A: Currency plus demand deposits. MORE

Links
Home
Glossary
Thesaurus