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
money market deposit account
sweep account
maturity date
interest bearing investment
central assets account
See All Related Terms »

period cost
entry value
value creation
pre-IPO prospectus
swing option