Definitions for "Money-Market Fund" Add To Word List
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A mutual fund that invests in money-market instruments.
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A type of mutual fund that invests in stable, short-term securities. Money-market funds are easily convertible into cash and usually maintain an unchanged value of $1 a share, but aren't insured by the federal government. There are various types of money-market funds based on the type of securities they buy, but the most important distinction is whether your dividends are taxable or tax-free.
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Investment fund that invests its assets by the majority in short-term, fixed-income securities (term to maturity less than one year).
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A mutual fund that invests primarily in money market investments (also known as liquid asset fund).
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A type of mutual fund that invests in short-term securities such as Certificates of Deposits and Treasury Bills
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An open-ended mutual fund that invests in very short-term instruments such as US Treasury bills, corporate commercial paper and certificates of deposit of US and foreign banks.
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A mutual fund that invests in short-term corporate and government debt and passes the interest payments on to shareholders.
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