insured money market account

insured money market account
/ɪnˌʃυəd 'mʌni ˌmɑ:kɪt əˌkaυnt/ noun
a high-yield account, in which the investor has to deposit a certain minimum sum, which is insured by the provider against capital loss.
Abbreviation IMMA

Dictionary of banking and finance. 2015.

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