The aggregation of buyers and sellers actively trading money market instruments. American Banker Glossary
————
money markets are for borrowing and lending money for three years or less. The securities in a money market can be U.S. government bonds, Treasury bills and commercial paper from banks and companies. Bloomberg Financial Dictionary
————
The market for short-term investments. 'Short term' is usually defined as less than one year. Exchange Handbook Glossary
————
A wholesale market for the buying and selling of money. Money market paper is predominantly negotiable and traded just like any other product. Money market maturities extend out to one year. LIFFE
* * *
* * *
A wholesale market for the buying and selling of money. Money markets trade in debt instruments with residual maturities of 12 months or less.
* * *
money market UK US noun FINANCE
► [C] a market for borrowing and lending money for short periods between banks and other financial organizations: in/on the money market »
Higher lending rates between banks will make it less profitable for investors to raise funds in the money market.
»The bigger the bank, the cheaper it is to borrow on the money market.
»The low-interest rate environment has diminished returns for money markets, bonds, and other non-stock investments.
»The Bundesbank has lowered a key money-market rate in each of the past three weeks.
► [U] the activity of buying and selling currencies: »
The software is essential for anyone engaged in money market transactions.
Financial and business terms. 2012.