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Usually, breaking a buck means changing a one dollar paper bill into coinage.

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15y ago
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6mo ago

"Breaking the buck" refers to a situation where the net asset value (NAV) of a money market fund falls below $1 per share. This can occur when the fund experiences losses on its investments or faces liquidity issues. Breaking the buck can be concerning for investors, as it indicates a potential loss of principal in what is typically regarded as a low-risk investment.

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Q: What does breaking the buck mean?
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