What is a money market account?
349726
A money market account is essentially a fixed income mutual fund.  The difference, is that all investments have extremely short maturities.  Depending on indicated investment style, the accounts can invest in just about any fixed income instrument - CDs, commercial paper, bankers acceptance notes, mortgages, bonds maturing less than a year from now, etc.\n\nSince the investments are extremely liquid and short-term, which makes them pretty safe, your interest yield will be very low.  That's the bad news.  The good news, is that the share price rarely fluctuates by much (for the same reason) and, if you invest in government debt money markets, your returns can be tax-free.
780090
If you have 5-10,000 dollars then the money market deal is good mentioned above. But if you're like most of us that have a grand or less, you want to look into online banks for the best interest. These are a little scary because you can't walk into them and if you want to tak out money, it takes a day or two, but they pay the best interest. Check this link to compare interest rates. Good luck!\n\nhttp://www.bankrate.com/brm/news/chk/20001002j.asp
197121
This is true. You have to have a real bank account for this type of thing. If you don't have one already, go talk to your bank. If you do, you can feel secure using it for this purpose. I have even set up a "sweep" account with my bank, whereby all money that is deposited to the account is automatically transferred to my "real" account each night. That way I have limited exposure to the risk of an unauthorized withdrawal.
408197
I would suggest not getting a trading account until you learn what these terms mean.  Also never open a trading account in a foreign country.  You may never get your money back.
151471
Doesn't exist (in U.S., at least).  Ask your neighborhood bank and you'll be quoted a competitive (i.e. close to highest you'll get) rate.  As for money markets, that's considered "cash" too, like a bank, and won't yield you more than a couple of points above your bank.\n\nGo to www.motleyfool.com to get great, always revised information and a good self-education in all things money.
571782
asa economist u have to deposit ur money to be safe side
1089273
imprest account is a revolving fund set aside by an organisation to meet immediate need of such company or organisation. They are retire as it is spent and re-imbursed against its spending. It is alway a fixed amount at a particular interval. for example, If you work in a company you might not need to go to the bank always. you you will create this kind of account for your urgent purchase
212837
A money mule or money transfer agent as it is often called is someone recruited by fraudsters needing to launder the funds obtained as a result of Phishing and various Trojan scams. For a full details explanation and advice please visit the Bank Safe Online website.
787370
a bank is a place where many transactions takes place like,depositing money,withdrawing money,opening accounts,sending money from one account to another,u can also keep ur jewellery or important documents or papers or anything very precious in its locker.\nis it enuf?\n:-)
297113
You can open an account with any bank if you have the money. As long as you dont have bad checks.
340215
The question isn't very clear, but I will do my best to answer. There is no such thing as a money market fund in foreign currencies, unless you actually open a foreign money market account ie: an australian bank money market account etc. I think you are talking about a liquid investment into a forex fund which I work with on a daily basis. The returns are significantly better by keep a liquid investment in a forex fund then investing in a foreign money market fund. If you would like more info. please email me.
53371
Go to www.bankrate.com for interest rates, APY, etc. for all types of investment vehicles - Money Market Accounts, Certificates of Deposits, etc.  Rates usually change weekly and often depend on the amount of $ you are putting into the account.  This web site is free.  Good luck.
183593
The act of exchanging car for money with profit flowing from car buyer to car seller
765539
three--money money and money
1150989
M3 is not an account of all dollars printed. It includes all physical currency, accounts at the bank that can be exchanged for physical currency, all "in demand" checking accounts, savings accounts, money market accounts, CDs, Eurodollars (dollars held outside of the country), and repurchase agreements. M3 is MUCH, MUCH larger than the physical currency. The preliminary report for May 22nd is that there was $743.3 billion in physical currency outside of Federal Reserve banks. Monthly production rates for each denomination can be found at the third site below.
591006
Since the average rate of a money market account is about four percent (4%) you take your balance and multiply it by 0.0033 to get the monthly earnings on your deposit.  Or if you plan on getting a different rate just divide the rate by 12 and then multiply that times your balance to get the monthly amout of interest.  For example:  $1,000 at 4% would get you $3.33 a month or $40.00 a year ($1,000 * .0033 = $3.33)
1166080
Current (aka checking) account is an account from which you can withdraw at any time.  Typically, checking accounts do not pay interest, although some banks offer interest-bearing checking accounts.  Savings accounts have limited checking privileges; you can still withdraw, but you lose interest on the amont withdrawn.  \n\nThere may be other quirks depending on where in the world you are.