Banking
Quỹ thị trường tiền tệ
A mutual fund that invests in short-term, high-liquidity, low-risk money market instruments such as Treasury bills, commercial paper, and certificates of deposit. Used for cash management by institutions and individuals.
Quick answer: A mutual fund that invests in short-term, high-liquidity, low-risk money market instruments such as Treasury bills, commercial paper, and certificates of deposit. Used for cash management by institutions and individuals.
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Definition
A mutual fund that invests in short-term, high-liquidity, low-risk money market instruments such as Treasury bills, commercial paper, and certificates of deposit. Used for cash management by institutions and individuals.
Operational example
Institutional investors use money market funds to manage short-term cash needs and maintain liquidity with minimal risk exposure, as funds invest in government and high-grade commercial paper.
Localized term
Quỹ thị trường tiền tệ
Localized example
Nhà đầu tư tổ chức dùng quỹ thị trường tiền tệ cho nhu cầu tiền ngắn hạn và thanh khoản.
Definition language
English reference definition
Source
CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
Target audience
- Financial Analysts
- Bankers
- Traders