How liquid is a money market account 2024?
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Works at the International Air Transport Association, Lives in Montreal, Canada.
A: Money market accounts are highly liquid assets in the sense that they can be quickly converted into cash without losing value. ... It is important to note that money market accounts, which are federally insured deposit accounts, are different from money market funds offered by investment banks.
2023-05-08 10:49:51
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A: Money market accounts are highly liquid assets in the sense that they can be quickly converted into cash without losing value. ... It is important to note that money market accounts, which are federally insured deposit accounts, are different from money market funds offered by investment banks.