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.
Breaking the Buck
| Financial & Investment Dictionary: Breaking the Buck |
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 | Money Market Fund (finance term) |
| Reserve Primary Fund |
| Bankruptcy of Lehman Brothers |
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 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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