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.