Banking
货币市场基金
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.
This term page is part of the Protermify Finance glossary and is published as static HTML for fast indexing and clear language coverage.
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 example
机构投资者使用货币市场基金来管理短期现金和保持流动性,风险极低。
Definition language
English reference definition
Source
CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework
Target audience
- Financial Analysts
- Bankers
- Traders