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.
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The equation (1) states that the actual or effective return on a foreign money market security depends on foreign interest rate ([i.
Inflation, interest rate, and exchange rate: what is the relationship?

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