Difference between revisions of "Money market fund"
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According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
:[[Money market fund]]s. Mutual funds that invest in short-term, low-risk securities and allow investors to write checks against their accounts. | :[[Money market fund]]s. Mutual funds that invest in short-term, low-risk securities and allow investors to write checks against their accounts. | ||
| − | + | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | |
| + | :[[Money market fund]]s. Where the deposits of many investors are pooled together and invested in a safe way like short-term government bonds. | ||
==Related concepts== | ==Related concepts== | ||
*[[Financial management]]. A combination of [[enterprise effort]]s undertaken in order to procure and utilize monetary resources of the [[enterprise]]. | *[[Financial management]]. A combination of [[enterprise effort]]s undertaken in order to procure and utilize monetary resources of the [[enterprise]]. | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category: Financial Management]][[Category: Economics]][[Category: Articles]] |
Latest revision as of 09:53, 2 June 2020
Money market fund is a mutual fund that invests in short-term debt instruments and offers investors check-writing privileges; thus, it amounts to an interest-bearing checking account.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Money market fund. A mutual fund that invests in short-term debt instruments and offers investors check-writing privileges; thus, it amounts to an interest-bearing checking account.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Money market funds. Mutual funds that invest in short-term, low-risk securities and allow investors to write checks against their accounts.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Money market funds. Where the deposits of many investors are pooled together and invested in a safe way like short-term government bonds.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
