GO
Loading...
 

Breaking The Buck: CNBC Explains

Tue 26 Jul 11 | 05:01 AM ET
 Highlight transcript below to create clip
Transcript:  Print  |  Email
    This term does not appear
Go
 Click text to jump within video

Breaking The Buck: CNBC Explains

Tue 26 Jul 11 | 05:01 AM ET
In times of severe financial stress, money market funds, which are generally thought to be highly safe investments, are said to be in danger of "breaking the buck." The goal of money market funds is to never lose money and maintain a net asset value (NAV), or per-share value, at $1. When their NAV goes below $1, this is called breaking the buck. But how does this really work and why is it such a rare event? Salman Khan of the Khan Academy explains.
 
RELATED ARTICLES AND CONTENT
More Videos
  • No Articles Available
Latest Videos
Luxury rental boom ... in Jersey
Fri 18 Apr 14 | 12:00 PM ET
Latest Videos
Great growth expectations
Fri 18 Apr 14 | 11:00 AM ET
Latest Videos
Remodeling & insurance costs
Fri 18 Apr 14 | 09:00 AM ET
Go
Displaying results for: Latest Video | US