Meaning prime rate fund
What does prime rate fund mean? Here you find 3 meanings of the word prime rate fund. You can also add a definition of prime rate fund yourself
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prime rate fundInvestment funds that invest in corporate debt with high ratings in order to model the prime rate.
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prime rate fundDefinition Mutual fund that attempts to match the return of the prime rate, by investing in high quality corporate debt.
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prime rate fundA mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders.
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