LGIPs

LGIPs
local government investment pools (LGIPs)
local government investment pools (LGIPs)
Commingled investment pools. The public sector equivalent of money market mutual funds. LGIPs are usually but not always created by states for the benefit of their local governments. Sometimes these pools are managed by the states. American Banker Glossary

Financial and business terms. 2012.

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  • local government investment pools — ( LGIPs) local government investment pools ( LGIPs) Commingled investment pools. The public sector equivalent of money market mutual funds. LGIPs are usually but not always created by states for the benefit of their local governments. Sometimes… …   Financial and business terms

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