Short Term Fund definition
Short Term Fund means those funds targeted to be used for supporting operations in a downturn to meet expenses that are required for the Association to fulfill its mission.
Short Term Fund means the investment fund in which moneys invested therein on behalf of any trustee may be withdrawn at any time by the trustee concerned giving to the Board not less than 2 months' notice in writing prior to the date of withdrawal.
Short Term Fund. “STF”): Selected U. T. System Funds designated from time to time by the U. T. Board or its U. T. System staff designees will be invested in the STF, which is the money market mutual fund or funds approved by UTIMCO from time to time as an investment for U. T. System Funds, in accordance with the STF Investment Policy Statement.
Examples of Short Term Fund in a sentence
Portfolio C – Short Term Fund The short-term fund is focused on liquidity through preservation of principal with a secondary focus on income with an investment time horizon of less than 2 years.
Unlike the Short Term Fund, the Investment Committee does not set the rate of return on the Long Term Fund.
The principal purpose of the Short Term Fund is to provide a dependable source of income and liquidity which is consistent with a short term time horizon.