Break The Buck Meaning
Break The Buck is an idiom. The meaning of this idiom is (US, idiomatic, finance, of a money-market fund) Fall below the value of one dollar per share.[1]. Explore more Idiom Meanings.
Break The Buck
(US, idiomatic, finance, of a money-market fund) Fall below the value of one dollar per share.[1]
Example : 2000: Charles A. Jaffe, Chuck Jaffe’s Lifetime Guide to Mutual Funds: An Owner’s Manual, page 110 (Perseus Books Group; ISBN 0738202738, 9780738202730) In 1994, during the Orange County bankruptcy, a few funds were poised to break the buck, until their parent companies stepped in.2008, "Money-Market Funds Get $50 Billion Backstop From US (Update1)", Bloomberg, Sep 19, 2008 "We were likely going to see more funds halt redemptions" and break the buck. The insurance program is part of a wider rescue package […]
Meaning of Break The Buck
Break The Buck is an idiom. It is one of the most commonly used expressions in English writings. Break The Buck stands for (US, idiomatic, finance, of a money-market fund) Fall below the value of one dollar per share.[1]. Explore Urdupoint to find out more popular Idioms and Idiom Meanings, to amplify your writings
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Bottom OutWorst Of Both WorldsUgly As SinClear One's LinesRead InDutch CourageThe Buck Stops HereSame DifferenceHit The RoadPour Oil On Troubled WatersHome And HosedBat For The Other Team
Bet One's Bottom DollarCasting CouchStraight ShooterTwo Penn'orthNot At AllIn This Day And AgeJolly AlongBack Of One's HandAll Kinds OfCoining MoneyTurn To DustFor The BirdsHot ButtonSunday DriverInner StrengthOn One's OwnGo WestCome AgainOut Of One's FaceLose The Number Of One's MessUp To HereIn The NipI'd SayDim Bulb
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