United States Treasury Money Mutual Funds
Definition of "United states treasury money mutual funds"
Investments restricted to short-term Treasury bills (T-bills) and repurchase agreements secured by Treasury bills. These T-bills are secured by the full faith and credit of the Unites States Treasury and thus are considered to be the most risk free of any financial instrument. T-bills are said to be the "standard" for safety worldwide since the United States has a long history of economic, political, and social stability.
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