- Hot money is capital that investors regularly move between the economy and financial markets to profit from the highest short-term interest rates.
- The Johannesburg Interbank Average Rate (JIBAR) is the benchmark for short-term interest rates in South Africa.
- Money market accounts are offered by banks and credit unions and provide the benefits and features of both savings and checking accounts.
- Money market returns are the expected returns of money market instruments for investors.
- Money market accounts for retirement are money market accounts held in a retirement account such as a 401(k), individual retirement account, or IRA.