Cash position

Definition:

The percentage of a mutual fund's assets invested in short-term reserves, such as US Treasury bills or other money market instruments.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Dedicated capital

Total par value (number of shares issued, multiplied by the par value of each share). Also called dedicated value.

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