Money market

Money markets are for borrowing and lending money for three years or less. The securities in a money market can be U.S.government bonds, Treasury bills and commercial paper from banks and companies.

Money Market

The trading of highly liquid, short-term assets and securities. Examples include U.S. Treasury bills and commercial paper. The money market is often, though not always, included in counts of the money supply. One may trade on the money market either on an exchange or over-the-counter.

money market

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.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Money market.

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.

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, BILLS OF EXCHANGE, CERTIFICATE OF DEPOSIT.