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词汇 break the buck
释义

break the buck

In US money market funds, to have the value of a company's individual shares fall below one dollar (in slang, referred to as a "buck"). During the recession, a great number of companies that broke the buck ended up closing altogether.

break the buck

To fall below the value of one dollar. Used of the net asset value of a mutual fund, especially a money market fund.
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