Investopedia

BanxQuote Money Markets Index

Filed Under »
Dictionary Says

Definition of 'BanxQuote Money Markets Index'

A money market index, which can be used as a rate-comparison tool by consumers and financial institutions. BanxQuote provides many kinds of data and tools. The money market index gives national, regional, state and local compendiums of money market rates offered by representative lending institutions. Rates are gathered from commercial banks and savings and loan institutions, as well as local certificates of deposit (CDs).
Investopedia Says

Investopedia explains 'BanxQuote Money Markets Index'

BanxQuotes and similar information aggregators offer a valuable service to consumers by comparing local and national money market and CD rates.  It provides benchmarks for both lenders and borrowers alike, and its rates are often quoted in financial media publications.

Articles Of Interest

  1. Do Money-Market Funds Pay?

    This investment provides security, but its returns may not be adequate for long-term investors.
  2. Demystification Of Bank Accounts

    Find out which type of account suits your specific needs.
  3. I have a short period of time (1 year or less) during which I will have money to invest. What are my investment options?

    If you only have a short period of time in which to invest your money (i.e. less than one year), there are several investment options you should consider outside of the typical checking and savings ...
  4. The Money Market

    If your investments in the stock market are keeping you from sleeping at night, it's time to learn about the safer alternatives in the money market.
  5. Besides a savings account, where is the safest place to keep my money?

    Savings accounts are safe because investors' deposits are guaranteed by the Federal Deposit Insurance Corporation (FDIC) for bank accounts or the National Credit Union Administration (NCUA) for ...
  6. How Interest Rates Affect The Stock Market

    Whether you're buying lunch, a home or a stock, you're influenced by interest rates.
  7. Money Market

    Learn more about this segment of the financial market and how it can cater to your short-term investment needs.
  8. Stashing Your Cash: Mattress Or Market?

    Pulling your money out of the market may help you sleep at night, but is it a smart move?
  9. Treasury Bills

    Learn more about this government debt obligation and how it can fit into your portfolio.
  10. How The Federal Reserve Fights Recession

    Discover the steps that the Federal Reserve has taken to help save the economy.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.
  2. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.
  3. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.
  4. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.
  5. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
  6. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
Trading Center