Highest Rate On Money Market Account
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Money market deposit account - In the United States, a Money Market Deposit Account is a deposit account that is considered a savings account for some purposes, but upon which checks can typically be written, subject to certain restrictions.
Cost of carry - The cost of carry is the lost opportunity cost of purchasing a particular security rather than an alternative. For most investments, the cost of carry generally refers to the risk-free interest rate that could be earned by investing currency in a theoretically safe investment vehicle such as a money market account minus any future cash-flows that are expected from holding an equivalent instrument with the same risk (generally expressed in percentage terms and called the convenience yield).
Floating rate note - Floating rate notes (FRNs) are bonds that have a variable coupon, equal to a money market reference rate, like LIBOR or federal funds rate, plus a spread. The spread is a rate that remains constant.
Real interest rate - The real interest rate is the nominal interest rate minus the inflation rate. It is a better measure of the return that a lender receives (or the cost to the borrower) because it takes into account the fact that the value of money changes due to inflation over the course ...
highestrateonmoneymarketaccount
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