SBUY Financial Glossary
What is it? Strong buyFinance Term Definition Added By: Kaitlyn
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Other Similar Finance Terms:
Financial Term Money Market Account is A savings account which shares some of the characteristics of a money market fund. Like other savings accounts, money market accounts are insured by the Federal government. Money market accounts offer many of the same services as checking accounts although transactions may be somewhat more limited. They are very safe and highly liquid investments, but offer a lower interest rate than most other investments.Financial Term OverRewarded is A security whose expected (average) return is above its required return. Also called under-priced.
Financial Term Tiered rate is An interest rate that varies depending on how much is deposited in a savings account.
Financial Term Roth IRA is A tax-deferred retirement account. Contributions to a Roth IRA are not tax deductible, but there is no tax on withdrawals as long as the taxpayer is age 59 and the account has been open for five years.
Financial Term NYSE is New York Stock Exchange.