Money market security


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Money market security

Short-term investment usually of less than one year.

Money Market Security

A short-term investment, especially a bond, lasting one year or less. Treasury bills are exceptionally popular money market securities because they are low-risk and backed by the full faith and credit of the United States government.
References in periodicals archive ?
The equation (1) states that the actual or effective return on a foreign money market security depends on foreign interest rate ([i.
3) An investment in a money market security is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.