UNITED STATES TREASURY MONEY MUTUAL FUNDS
The United States Treasury Money Mutual Funds is an investment fund that combines investors’ money to buy short-term and low-risk securities. It is a kind of mutual fund whose investments mainly focus in US Treasury bills and its Treasury bills secured repurchase agreements. The Securities and Exchange Commission (SEC) ensures that all of these investments meets the standard for diversification, credit quality, and liquidity.
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A problem which arises when a company trades its low-risk assets for high-risk investments. This substitution moves the value from the bondholders ...
Lawful Money
Any currency, in coin or paper form, that is issued by the United States Treasury, not the Federal Reserve System. It also includes gold and silver ...
Red Clause Letter Of Credit
It refers to a specific type of letter of credit where a buyer extends an unsecured loan to a seller. This permits documentary credit beneficiaries ...
Trust Certificate
Bond or debt investment backed by other assets and serve like a collateral. Normally in a public company, the assets may be seized or sold for the ...
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