Alternative Cash Redemption means any of the following: (i) the redemption of certain shares of Unimin Capital Stock in exchange for a note or other evidence of indebtedness; (ii) the repayment, satisfaction, or other discharge of a note or other evidence of indebtedness issued in the redemption described in the ...
What is MMDA1 on TD Ameritrade?
"MONEY MARKET PURCHASE", "MONEY MARKET REDEMPTION", "MONEY MARKET REDEMPTION (MMDA1)" unlike your checking account, though the same concept is being used: stored money is invested to make money on that money at no risk (well FDIC limitations) to the person storing it.
What are cash alternatives?
“Cash Alternatives” is used to denote other short-term investments that are generally available through Baird including certificates of deposit, ultra-short bond funds, Treasury bills and notes, and variable rate demand obligations.
Where do you want your cash held when it's not invest TD Ameritrade?
The company says that if you don't specify where you want your money to be held, then it will be put in an FDIC-insured deposit account. You can also opt to have the money put into a TD Ameritrade account, which will earn some interest and is protected by the Securities Investor Protection Corporation (SIPC).2019-01-24
What is cash alternatives redemption on Ameritrade?
Alternative Cash Redemption means any of the following: (i) the redemption of certain shares of Unimin Capital Stock in exchange for a note or other evidence of indebtedness; (ii) the repayment, satisfaction, or other discharge of a note or other evidence of indebtedness issued in the redemption described in the ...
What does MMDA1 mean in TD Ameritrade?
"MONEY MARKET PURCHASE", "MONEY MARKET REDEMPTION", "MONEY MARKET REDEMPTION (MMDA1)" unlike your checking account, though the same concept is being used: stored money is invested to make money on that money at no risk (well FDIC limitations) to the person storing it.
What is cash alternative purchase?
Cash In. Cash alternatives are investment types that you can consider as alternatives to simply holding money in your checking account. They're options that are basically as safe as cash, but that can let you earn a slightly higher return than you might earn in your main bank account.
What is a cash alternative in stocks?
What Are Cash Equivalents? Cash equivalents are investments securities that are meant for short-term investing; they have high credit quality and are highly liquid. Cash equivalents, also known as "cash and equivalents," are one of the three main asset classes in financial investing, along with stocks and bonds.