the short-term trade in money, as in the sale and purchase of bonds and certificates.
(finance) the financial institutions dealing with short-term loans and capital and with foreign exchange Compare capital market
A collective term for the many markets in which funds that are loaned for short periods to businesses or to governments are bought and sold.
- Money-market certificate
[muhn-ee-mahr-kit] /ˈmʌn iˌmɑr kɪt/ noun 1. a certificate of deposit held for a specified term earning a fixed interest rate keyed to the interest rate of U.S. Treasury bills. 2. any type of savings certificate whose interest rate is based on current money-market interest rates.
- Money-market fund
noun 1. a mutual fund that invests in the money market.
noun 1. a monetary denomination used in reckoning, especially one not issued as a coin, as the U.S. mill. noun 1. another name (esp US and Canadian) for unit of account
noun 1. an order for the payment of money, as one issued by one bank or post office and payable at another. noun 1. (US & Canadian) a written order for the payment of a sum of money, to a named payee, obtainable and payable at a post office Also called (in Britain and certain […]