MONEY MARKET FUND


Meaning of MONEY MARKET FUND in English

A collective investment undertaking that primarily invests in money market instruments and/or other transferable debt instruments with a residual maturity of up to one year, and/or that pursues a rate of return that approaches the interest rates on money market instruments.

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.