money market

Definitions

Banking

  • noun a place where large sums of money are lent or borrowed
  • noun a market for buying and selling short-term loans or financial instruments such as Treasury bills and CDs, which can be easily converted to cash

Forex

  • The marketplace for short term debt instruments like deposits, commercial paper and Treasury bills that supplies liquidity to financial institutions and their clients. Participants in the money market consist of financial institutions and other dealers who want to either borrow or lend funds in some way, usually for less than a year.

Politics

  • noun the business of lending and borrowing money carried on by the banks and other financial institutions
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