money market fund
A mutual fund that invests in short-term debt instruments, such as Treasury Bills and certificates of deposit. Because money market funds are extremely liquid, financial institutions use them as a place to park unused money temporarily. See sweep account.
Browse by Subjects
asset management account
central assets account
money market deposit account
maturity date
interest bearing investment
See All Related Terms »

book
life insurance
most actives
economic growth
stock market crash