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What Is A Money Market Account?Money market accounts are a type of deposit account that earns interest. Rates are often higher than traditional savings accounts. Money market accounts. Key Takeaways � The money market involves the purchase and sale of large volumes of very short-term debt products such as overnight reserves or commercial paper. A Money Market fund is a mutual fund that invests in short-term, higher quality securities. Designed to provide high liquidity with lower risk.
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