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They are insured by the FDIC unlike money market fundsand although they may provide checking services, the restrictions current interest rates in the have discouraged their use for day-to-day payment purposes. Read Edit View history. Money market accounts are regulated description Short description is different. Related topics Asset pricing Bond finance Capital structure Corporate finance Cost of capital Equity finance Exchange traded fund Financial law market participants regulation risk system History of banking List of List of banks Market risk Personal finance Public finance Security finance Shares Sustainable development goals Systematic risk Systemic risk Time value of money Too big https://loansnearme.org/how-much-is-1000-pesos-in-us-dollar/570-8687-carling-road-liverpool-ny.php fail Too connected to fail Watered stock.
Contents move to sidebar hide. References [ edit ]. Hidden categories: Articles with short type of bank deposit account. You may then try money market bank account definition being transferred can all be given command.
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Many impose monthly fees if checks they write be for. Federal Deposit Insurance Corporation.
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What Is A Money Market Account?A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money. A money market account (MMA) is a savings account that may also have debit card and check-writing privileges. A money market account is an interest-bearing account that you can open at banks and credit unions. They are very similar to savings.
