See Also: Money Market Fund(money)
Money market fund(finance)
Tax exempt money market fund(finance)
Tax-exempt money market fund(money)
money market(dictionary)
money market(encyclopedia)
Money Market(money)
Money market(finance)
Money Market Instruments(money)
Money market hedge(money)

Money Market Fund (money)


Definition: Mutual fund designed for private individuals that invests in high-yield instruments. A money market fund invests in short-term CDs and federal securities.

Definition: [crh] A mutual fund that invests only in short term securities, such as bankers' accepDefinition: tances, commercial paper, repurchase agreements and government bills. The net asset value per share is maintained at $1.00. Such funds are not federally insured, although the portfolio may consist of guaranteed securities and/or the fund may have private insurance protection.