Money Market Demand Account (M.M.D.A.)

Definition:

An account that pays interest based on short-term interest rates. Same as a Money Market Deposit Account

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Montreal Exchange/Bourse de Montreal

The oldest stock exchange in Canada trading stocks, bonds, futures, and options. The Canadian Market Portfolio Index (XXM) tracks the market performance of the 25 highest capitalized stocks traded on... Read More

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