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Money Market Accounts
Financial accounts that typically offer higher interest rates than savings accounts, while providing the account holder with limited check-writing ability.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.
Petty Cash
A small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.
Account Type
A classification that dictates the nature and purpose of an account, such as assets, liabilities, equity, revenue, or expenses.
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