money market (redirected from Money-market funds)
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The market for trading short-term, low-risk securities such as commercial paper, U.S. Treasury bills, bankers' acceptances, and negotiable certificates of deposit. The market is made up of dealers in these securities who are linked by electronic communications.
The money market isn't a place. It's the continual buying and selling of short-term liquid investments.
Those investments include Treasury bills, certificates of deposit (CDs), commercial paper, and other debt issued by corporations and governments. These investments are also known as money market instruments.
money market a MARKET engaged in the short-term lending and borrowing of MONEY, linking together the financial institutions (COMMERCIAL BANKS, DISCOUNT HOUSES etc.), companies and the government. To take one example: a company with surplus short-term funds might deposit these funds with its commercial bank, which in turn places them on ‘call’ (deposit) with a discount house. The discount house in turn uses the money to purchase TREASURY BILLS issued by the government. See DISCOUNT MARKET.