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Meaning of “money fund” in the English Dictionary

"money fund" in Business English

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money fundnoun [C]

uk   us   (also money market fund)
FINANCE an ​investmentfund where ​profits come from ​lendingmoney for ​interest, rather than from ​shares or ​bonds: A ​moneyfund is another ​form of ​mutualfund, ​subject to all the ​regulations and ​laws of ​mutualfunds.
(Definition of money fund from the Cambridge Business English Dictionary © Cambridge University Press)
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