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national tax-exempt money market fund

national tax-exempt money market fund definition - finance
A mutual fund that looks for investments whose income is not taxed by the federal government. This type of mutual fund invests in municipal securities that have relatively short maturities.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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