aliases:
tags:
- Type/Concept
- proto
from:
- "[[Stock Market]]"
- "[[Finance]]"
- "[[Personal Finance]]"
related:
- "[[Investment]]"
contra:
to:
- "[[My Investments & Assets]]"
- "[[Finances]]"
dateCreated: 2022-10-13, 15:24
dateModified: 2024-01-05, 16:36
version: 1
publish: true
![]() |
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 markets. The interest rates paid are generally higher than those of savings accounts and transaction accounts; however, some banks will require higher minimum balances in money market accounts to avoid monthly fees and to earn interest. |
---|---|
wikipedia:: Money market account |