breaking a buck

breaking a buck definition - business

breaking a buck

A decline below $1 in the share price of a money market fund. A money market fund share price may break a dollar if a major decline occurs in the value of securities owned by the fund. For example, a borrower may default on commercial paper held by a fund.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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