Money Market Account

Breaking the buck occurs when the net asset value (NAV) of a money market fund falls below $1.  read more

A collateralized borrowing and lending obligation (CBLO) is a financial instrument offered in the Indian marketplace in which financial entities can secure short-term loans by providing collateral. read more

Hot money is money that flows regularly between financial markets as investors attempt to ensure they get the highest short-term interest rates possible.  read more

IDC deposits are deposits made through the Institutional Deposits Corp., which oversees the Money Market Account Extra (MMAX) program. read more

An interbank call money market is a short-term money market which allows for large financial institutions, such as banks, to borrow and lend money at interbank rates.  read more

The Johannesburg Interbank Average Rate (JIBAR) is the money market rate used in South Africa. It comes in one-month, three-month, six-month, and 12-month discount terms. read more

A Money Market Account Xtra (MMAX) account is a money market account allowing enhanced coverage by the Federal Deposit Insurance Corporation (FDIC). read more

The money market yield is the interest rate earned by investing in securities with high liquidity and maturities of less than one year. read more

Money market account is an interest-bearing account at a bank or credit union, not to be confused with a money market mutual fund. read more

Learn more about a retirement money market account, a money market account held by an individual within a retirement account such as an IRA. read more