break the buck

In US money market funds, to have the value of a company's individual shares fall below one dollar (in slang, referred to as a "buck"). During the recession, a great number of companies that broke the buck ended up closing altogether.

break the buck

To fall below the value of one dollar. Used of the net asset value of a mutual fund, especially a money market fund.

Common Names:

Name	Pronounced	Usage
Vernon	VUR-nən	English
Steinarr	-	Ancient Scandinavian
Iachin	-	Biblical Latin, Biblical Greek
Cora	['kɔ:rə]
Wall	[wɔ:l]
Saniyya	-	Arabic