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Cash Management Trust (CMT): a form of managed investment in which the primary investment is cash securities. While offering security, they can also offer the potential for a higher return than an ordinary bank savings account.
This will involve the notes that are currently held by commercial banks, as well as organizations that operate in the non-institutional money market. Money that is found in cash management trusts, small time deposits, ...
See also: Short, Long Term, Money market, Investment, Market
 
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