local government investment pools
- local government investment pools
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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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… … Financial and business terms
commingled funds — Money pooled for a common purpose. Often funds pooled for investments. See local government investment pools. American Banker Glossary … Financial and business terms
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