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definitions

money-market certificate

[ muhn-ee-mahr-kit ]
/ ˈmʌn iˌmɑr kɪt /

noun

a certificate of deposit held for a specified term earning a fixed interest rate keyed to the interest rate of U.S. Treasury bills.
any type of savings certificate whose interest rate is based on current money-market interest rates.

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Nearby words

  1. money tree,
  2. money wages,
  3. money-bag,
  4. money-grubbing,
  5. money-maker,
  6. money-market fund,
  7. money-purchase,
  8. money-spinner,
  9. moneybag,
  10. moneybags
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019