money market instruments

Common money market instruments are as follows: Bankers' Acceptance - A draft issued by a bank that will be accepted for payment, effectively the same as a cashier's check. A check written by a financial institution on its own funds. It is then signed by a representative of the financial institution ...

Money market funds are generally the safest and most secure of mutual fund investments. A money market fund is a mutual fund that invests solely in money market instruments. The goal of a money-market fund is to preserve principal while yielding a modest return. Money market instruments are forms of ...