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Wealth Management Glossary

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Marital Deduction
Market Value
Money Market
Current TermMoney Market Fund
Mortgage Pass-Through Securities
Mortgage-Backed Securities
Mutual Fund
Money Market Fund
A mutual fund of short-term investments. They are valued at par and thus have no principal value fluctuations. The interest paid will vary based on prevailing short-term interest rates. Refers to mutual funds investing solely in money market instruments

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