Meaning of peningamarkaðssjóður | Babel Free
ˈpʰɛːniŋkaˌmar̥kaðsˌsjouːðʏrDefinitions
-
money market fund masculine
- Equivalent to 'money market fund': A mutual fund (US) that invests almost exclusively in short-term money market instruments whose value is deemed unlikely to fluctuate.
Equivalents
English
money market fund
CEFR level
C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
This word is part of the CEFR C2 vocabulary — mastery level.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free