MMF
6.9
A fund that holds safe short-term investments to give quick access and small returns
- noun
- Specialized
:
fondo del mercado monetario
- Investing in an MMF can provide a steady, albeit modest, return while keeping your funds relatively liquid.
- MMF money market fund
Examples
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Investing in an MMF is a safe option.
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Many investors prefer MMFs for liquidity.
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She decided to move her emergency fund into an MMF for better liquidity.
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Many investors use an MMF to park cash temporarily between other investments.
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The MMF offered a higher yield than her regular checking account.
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Many investors prefer an MMF for its low-risk profile and ability to invest in short-term securities.
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Before choosing an MMF, it is important to review its fees and performance history.
How Safe
Surface Forms
Etymology
MMF stands for money market fund, which joins money ('cash'), market ('a place to trade') and fund ('a pool of money'), so an MMF is a simple place to keep cash for a short time while earning a small return.