MONEY MARKET ACCOUNT
An interest-bearing account that usually pays a higher interest rate than a savings accounts, as well as it gives the account holder a limited check-writing ability. It offers benefits normally seen both in savings and checking accounts. This account is likely to require a bigger balance than a savings account, and FDIC insured.
Also called money market deposit account (MMDA).
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Fraternal Organization
A brotherhood organization whose members freely associate for a mutually beneficial purpose such as for professional, and social principles.
Closed Loop MRP
Manufacturing resource planning system used in production planning and inventory control, with an information feedback feature allowing plans to be ...
Escalator Clause
Contract provision calling for an increase in prices to another party. These are normally linked to factors beyond their control such as inflation. ...
Tracker Fund
Index fund trailing the performance of a broad market index or segment. It invests in all or some of the securities within the fund. Also called in ...
Debenture
It is a debt instrument that is not secured by a physical asset or a collateral. It is backed by general creditworthiness of the issuer. Both corpo ...
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:30 | PMI Manufacturing | May | |
| 03:00 | MI Inflation Gauge | May | |
| 03:45 | Markit Final Manufacturing PMI | May | |
| 08:30 | Commodity Prices | May | |
| 09:15 | PMI Manufacturing | May | |
| 09:45 | PMI Manufacturing | May | |
| 09:50 | PMI Manufacturing | May | |
| 09:55 | PMI Manufacturing | May | |
| 10:00 | PMI Manufacturing | May |
