Money market security
Money market security
Short-term investment usually of less than one year.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved