Money Market Fund
/ˈmʌni ˈmɑːrkɪt fʌnd/
Definitions
- (n.) A mutual fund that invests in short-term, high-quality debt instruments to provide liquidity and preserve capital.
Investors often choose money market funds for their cash management needs due to their low risk and easy access.
Forms
- money market fund
- money market funds
Related terms
See also
Commentary
Money market funds are distinct from general mutual funds due to their focus on liquidity and safety through short-term debt instruments; precise legal definitions often hinge on regulatory classifications under securities law.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.