Examlex
Match each description with the item below.
-Ann Bailey
Money Market Mutual Funds
Investment funds that pool money from investors to purchase low-risk, short-term securities like Treasury bills and commercial paper.
M2
A measure of the money supply that includes cash, checking deposits, and easily convertible near money, such as savings deposits and money market securities.
Corporate Bonds
Corporate bonds are debt securities issued by corporations to finance their operations, expansion, and other projects, offering interest payments to holders.
Traveler's Checks
Preprinted, fixed-amount checks designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid for that privilege.
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