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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.


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  • 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.

  • Money-of-account

    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

  • Money-order

    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 […]

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