Money Market Fund

A highly liquid mutual fund that invests in very short-term securities, such as Treasury bills, certificates of deposit and commercial paper. The fund's net asset value remains a constant $1 a share, only the interest rate goes up or down. Money market funds have taken billions upon billions of dollars in deposits away from banks in recent years, even though they are not government insured.

 

 

Investing terms and definitions starting with
Numbers A B C D E F G H I J K L M N O P Q R S T U V W Q Y Z

 

 

 

Copyright 2018 turtlemeat.com