Money market
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Money market is a financial market for debt securities with maturities of less than 1 year (short-term). The New York money market is the world's largest.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Money market. A financial market for debt securities with maturities of less than 1 year (short-term). The New York money market is the world's largest.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
