Share on Facebook Share on Twitter Email
Answers.com

Breaking the Buck

 
 

Decline in the normally constant $1 net asset value (NAV) of a Money Market Fund. This could happen if the fund suffered severe losses or if investment income fell below operating expenses.

Search unanswered questions...
Enter a word or phrase...
All Community Q&A Reference topics
 
 

 

Copyrights:

Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more