insured money market account


insured money market account
/ɪnˌʃυəd 'mʌni ˌmɑ:kɪt əˌkaυnt/ noun
a high-yield account, in which the investor has to deposit a certain minimum sum, which is insured by the provider against capital loss.
Abbreviation IMMA

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • Money Market Account Extra - MMAX — An account structure that provides depositors with the ability to secure FDIC insurance on large deposits that would otherwise exceed the normal insurance limit of $250,000. The MMAX structure allows banks to attract large depositors, including… …   Investment dictionary

  • Money market fund — This article is about the type of mutual fund. For the type of bank deposit account, see Money market account. A money market fund (also known as money market mutual fund) is an open ended mutual fund that invests in short term debt securities… …   Wikipedia

  • Money market deposit account — A money market account is a deposit account with a relatively high rate of interest, and short notice (or no notice) required for withdrawals. In the United States, it is a style of instant access deposit subject to federal savings account… …   Wikipedia

  • Money fund — Money funds (or money market funds , money market mutual funds ) are mutual funds that invest in short term debt instruments. Explanation Money market funds, also known as principal stability funds, seek to limit exposure to losses due to credit …   Wikipedia

  • Market-linked CD — A market linked CD (MLCD) [1] is also referred to as an equity linked CD, market indexed CD or simply an indexed CD as well. It is a specific type of certificate of deposit that is linked to the performance of one or more securities or market… …   Wikipedia

  • Deposit account — Deposits redirects here. For other uses, see Deposit (disambiguation). Banking A series on …   Wikipedia

  • capital builder account — ( CBA) A Merrill Lynch brokerage account that allows investors to access the loan value of his or her eligible securities to buy or sell securities. Excess cash in a CBA can be invested in a money market fund or an insured mon …   Financial and business terms

  • Stock market — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

  • FDIC Insured Account — An account that meets the requirements to be covered or insured by the Federal Deposit Insurance Corporation (FDIC). An FDIC Insured Account has to be in a bank that is a participant of the FDIC program. The different accounts that can be FDIC… …   Investment dictionary

  • Health savings account — A Health Savings Account (HSA) is a tax advantaged medical savings account available to taxpayers in the United States who are enrolled in a High Deductible Health Plan (HDHP). The funds contributed to the account are not subject to federal… …   Wikipedia