GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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20:52 Oct 28, 2020 |
Spanish to English translations [PRO] Bus/Financial - Law (general) / Financial Manual | |||||||
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| Selected response from: philgoddard United States | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +4 | a sufficient balance in the fund |
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4 +1 | liquidity of the fund |
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3 | Replenish the fund |
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liquidity of the fund Explanation: What is the liquidity of mutual funds? For a money market mutual fund, “liquidity” refers to the extent to which the fund's holdings can be quickly converted to cash. Liquidity is a particularly important attribute of a money market mutual fund, as it measures the fund's ability to meet near-term shareholder redemptions. |
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Notes to answerer
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18 mins confidence: peer agreement (net): +4
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