MMDA


Also found in: Acronyms.

MMDA

See: Money Market Demand Account. Same as Money Market Deposit Account

Money Market Demand Account

An account, such as a checking or savings account, that pays a certain (low) interest rate to the holder and from which funds may be withdrawn on demand. Money market demand accounts are included in most counts of money supply.
References in periodicals archive ?
The third segment and the August 1991 splice are due to the fact that we have sufficient data to treat MMDAs and savings deposits as separate components from the time they enter the MSI (December 1982) through August 1991; thereafter, the MSI include the total of MMDAs and savings deposits (at both commercial banks and thrift institutions) as a single component.
M2: M1 + Savings deposits, including MMDAs (money market deposit accounts) + Small-denomination time deposits + Retail money market mutual funds M3: M2 + Institutional MMMFs (money market mutual funds) + Large-denomination time deposits + Repurchase agreements + Eurodollars MZM (Money zero maturity): M2 - Small-denomination time deposits + Institutional MMMFs Note: The basic framework for these definitions was adopted in 1980.
For instance, if rates return to levels of prior years, banks that rely on the savings accounts and MMDAs to fund long-term assets may be wise to consider the possibility of facing unexpected liquidity or interest rate risk pressures if depositors choose to shift deposit funds to other investment vehicles, according to Olson.
In the present study, we reconsidered the use of MMDA to quantify free and total MDA in human plasma after phenylhydrazine derivatization, focusing our attention on its use in ID-GC-MS.
Although its first commitment is to its dealer members, MMDA also lobbies for legislation that protects consumers and drivers.
They find that when MMDA interest rates are the dependent variable, the coefficients on market interest rates tend to be lower among banks located in market areas with higher concentration.
We treat people as valuable to our business," Neufeld says, a dictum clearly understood by other members of the MMDA.
Photos of the Ducati Monster 759 bought by the MMDA showed that it was not outfitted for typical police escort work.
The MMDA allowed them to offer a type of deposit that was fully competitive with money market mutual fund shares.
Demand deposits could be swept into this new MMDA in order to earn interest.
The Federal Financial Institutions Examinations Council (FFIEC) defines core deposits as the sum of demand deposits, all NOW and ATS accounts, MMDA savings, other savings deposits, and time deposits under $100,000.
The MMDA and local enforcers will be stationed along major roads leading to the terminals to guide vehicular traffic.