Money market security

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 German bank provided a blockchain platform based on R3's Corda for the transaction, and Continental acted as the issuer of the money market security. Siemens acted as an investor.
The equations follow from the assumptions that the effective (exchange rate adjusted) return on a foreign bank deposit (or any money market security) is:
The equation (1) states that the actual or effective return on a foreign money market security depends on foreign interest rate ([i.sub.f]), as well as the percent change in the value of foreign currency ([e.sub.f]) denominating the security.