Short-term bond fund
(redirected from Short Term Bond Fund)Also found in: Acronyms.
Short-term bond fund
A bond mutual fund holding short to intermediate-term bonds that have maturities of three to five years.
Short-Term Bond Fund
A mutual fund that invests predominantly or exclusively in bonds with maturities of less than a few years. The idea behind a short-term bond fund is to provide a return at little risk (compared to other investments) that is nonetheless better than the risk-free rate of return.