A money market fund and a money market account differ in that

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A special type of mutual fund called a money market fund invests specifically in short-term debt securities issued by governments and large corporations. Although they offer services such as check-writing privileges and reinvestment of interest income, money market funds differ from the money market accounts offered by banks primarily in that the former represent a pool of funds, while the latter are basically specialized, individual checking accounts. Money market funds usually offer slightly higher rates of interest than bank money market accounts.

A Money Market Fund and a Money Market Account Differ