money market account
Interest-bearing bank deposit
A money market account is a type of savings account that typically offers higher interest rates in exchange for higher minimum balances.
Unlike regular savings accounts, money market accounts often allow limited check-writing and debit card access: I keep my emergency fund in a money market account.
They're insured by the FDIC like other bank deposits.
Federal deposit guarantor
- interestAttention, stake, or fee
- yieldProduce or relinquish
- rateMeasured speed or charge
- depositPlace for safekeeping
withdrawal · minimum balance · check writing · financial institution · compounding · transaction limit · online banking · mobile app
Saved money for later
- retirementLeaving the workforce permanently
- reserveSupply kept back
- accumulationCollected mass over time
- emergency fundReserve for unexpected expenses
rainy day fund · budgeting · frugality · goal · principal · contribution · growth · wealth building
Collected works or assets
- diversificationExpanding into varied areas
- returnGo back again
- riskPossibility of harm
- asset allocationDistributing investments strategically
wealth · capital preservation · low-risk · certificates of deposit · brokerage · comparison · alternative
Ready spending funds
- accessibleAble to be reached
- availableReady to be used
- convertibleCar with folding roof
- reservesResources held back
FDIC
Federal deposit guarantor
deposit · withdrawal · minimum balance · check writing · financial institution · compounding · transaction limit · online banking · mobile app · overdraft protection
nest egg
Saved money for later
- retirementLeaving the workforce permanently
- reserveSupply kept back
- accumulationCollected mass over time
emergency fund · rainy day fund · budgeting · frugality · goal · principal · contribution · growth · wealth building · long-term
portfolio
Collected works or assets
- diversificationExpanding into varied areas
- returnGo back again
- riskPossibility of harm
asset allocation · wealth · capital preservation · low-risk · certificates of deposit · brokerage · comparison · alternative
cash
Ready spending funds
- accessibleAble to be reached
- availableReady to be used
- convertibleCar with folding roof
- bankingbank, banks, ATM, ATMs, deposit
- savingspiggy bank, online savings, savings bonds, savings plan, emergency fund
- accountschecking, savings, 401k, IRA, Roth IRA
- shared accounts
money market accountcertificate of deposit
Time-locked bank savings
CD · 401(k) · retirement account · time deposit · pension fund
money market accountstock portfolio
Owned shares compilation
equities · speculative investment · penny stocks · cryptocurrency · venture capital
money market accountlong-term investment
retirement savings · whole life insurance · trust fund · endowment fund · endowment
money, market, account, moneys, monies, moneyed, monetary, monetize, monetization