esÂ·trange. tr.v. esÂ·tranged, esÂ·trangÂ·ing, esÂ·trangÂ·es. 1. To make hostile, unsympathetic, or indifferent; alienate: The months of bickering estranged her from her family. 2.
Hedge fund. A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often with complex portfolio-construction and risk-management techniques.
DEFINITION of 'Money Market Fund'. An investment whose objective is to earn interest for shareholders while maintaining a net asset value (NAV) of $1 per share. A money market fundâs portfolio is comprised of short-term (less than one year) securities representing high-quality, liquid debt and monetary instruments.Investors can purchase shares of money market funds through mutual funds, brokerage firms and banks. Next Up.EFINITION of 'Money Market Fund'. An investment whose objective is to earn interest for shareholders while maintaining a net asset value (NAV) of $1 per share. A money market fundâs portfolio is comprised of short-term (less than one year) securities representing high-quality, liquid debt and monetary instruments.