Money order


 

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Money order

A financial instrument backed by a deposit at a certain firm such as a bank that can be easily converted into cash.



Money order

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Money purchase plan

Money purchase plan

A defined benefit contribution plan in which the participant contributes some part and the firm contributes at the same or a different rate. Also called an individual account plan.


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A mortgage given in return for cash, rather than to secure a portion of the purchase price, as with a purchase money mortgage.


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Money that moves across country borders in response to interest rate differences and that moves away when the interest rate differential disappears.


Time value of money

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The idea that a dollar today is worth more than a dollar in the future, because the dollar received today can earn interest up until the time the future dollar is received.


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A currency that is responsibly managed so as to avoid excessive inflation.


Further Suggestions

money transmission
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at the money
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Money market yield


 
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