Account High Interest Market Money
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Money market deposit account - In the United States, a Money Market Deposit Account is a deposit account that is considered a savings account for some purposes, but upon which checks can typically be written, subject to certain restrictions.
Negotiable Order of Withdrawal account - In the United States, a Negotiable Order of Withdrawal account (NOW account) is a deposit account that pays interest, on which checks may be written. Authorized on a national scale in 1981, these accounts typically pay a relatively small return, although some banks offer high-interest NOW accounts in order to attract depositors.
Cost of carry - The cost of carry is the lost opportunity cost of purchasing a particular security rather than an alternative. For most investments, the cost of carry generally refers to the risk-free interest rate that could be earned by investing currency in a theoretically safe investment vehicle such as a money market account minus any future cash-flows that are expected from holding an equivalent instrument with the same risk (generally expressed in percentage terms and called the convenience yield).
Deposit account - A deposit account is an account at a banking institution that allows money to be held on behalf of the account holder. Some banks charge a fee for this service, while others may pay the client interest on the funds deposited.
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