Definify.com

Definition 2024

money_market_fund

money market fund

See also: money-market fund

English

Noun

money market fund ‎(plural money market funds)

(finance) A mutual fund (US) that invests almost exclusively in short-term money market instruments whose value is deemed unlikely to fluctuate.

Translations

fund that invests in short-term money market instruments

Icelandic: peningamarkaðssjóður m

Swedish: penningmarknadsfond c

See also

money market fund on Wikipedia.Wikipedia