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Meaning of money market fund | Babel Free

Noun CEFR C1

Definitions

A mutual fund (US) that invests almost exclusively in short-term money market instruments whose value is deemed unlikely to fluctuate.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

money mule money of account money of necessity money order money phone money piece

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