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
central assets account
maturity date
asset management account
interest bearing investment
See All Related Terms »

auditors fees
company
historical cost accounting
Undiversifiable Risk
managed forex account