break the buck: meaning & examples
Open in appLanguage: English
Meanings:
- To fall below a nominal one-dollar value, especially referring to the net asset value (NAV) of a money market fund dropping under $1 per share.
- To fail to maintain a financial peg or threshold expressed as one unit of currency, resulting in a loss of the fund's principal value.
Examples
BetaInvestors grew concerned when the fund appeared to break the buck for the first time in years.
Los inversores se preocuparon cuando el fondo pareció caer por debajo del dólar por primera vez en años.
If the money market fund breaks the buck, shareholders could lose part of their principal investment.
Si el fondo del mercado monetario cae por debajo de un dólar, los accionistas podrían perder parte de su inversión principal.
Breaking the buck is a rare event, but it can shake confidence in supposedly safe funds.
Caer por debajo del dólar es un evento raro, pero puede afectar la confianza en fondos supuestamente seguros.
Examples:
- EN: caused it to "break the buck" - in other words, it failed to maintain a $1 per shareHI: "$1" पन्ना लेली बिना बदलावऽ के नया अवतरण बनाबै म॑ असफल
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Sourced from Wiktionary
Source: Wiktionary