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A money market account is an interest-bearing account that functions like a hybrid of a checking and savings account Some ...
Unlike money market accounts, however, they don't have the same check-writing functions, so they may be less useful, even if rates are similar. And while they may be elevated for now, thanks to ...
Legal tender serves several purposes. It's used by market participants to fulfill the functions of money in the economy as a medium of indirect exchange, a unit of account, a store of value ...