liquid fund
Definition
Investments in short-term vehicles that mature in less than one year. Liquid funds allow investors access to their funds should the need or desire arise with no penalty. The maturity of liquid funds range from three months to one year, offering the investor an opportunity to see a return on investments without tying their assets up for long periods of time.
Use liquid fund in a sentence
“ They had a liquid fund set up for the short term, and I thought that it was a very good idea to do that. ”
“ The liquid fund was a high priority for the investor who was over valuing liquidity in his financial management strategy. ”
“ We opted for some heavy plays in a liquid fund as we were looking to adopt a more quick-footed investing scheme for the year. ”
