Define Money market

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter2: The Domestic And International Financial Marketplace
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Define Money market

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Money market is a market place where the short-term securities transactions are made. It means securities with a maturity term of up to one year. These securities primarily contain treasury bills, commercial bills, cash money and commercial papers.

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