Glossary Mutual Fund / Term
Money Market is a trading marketplace which deals in short-term and high liquidity financial instruments. The maturity period of instruments traded in this market is usually one year or lesser. It is used as a means of borrowing, buying or lending funds in the short-run.
The risk factor associated with this factor is minimal as the instruments or securities traded are highly liquid in nature. Participants in this market include banks, mutual funds, insurance companies, etc.
Permanent link Money Market - Creation date 2020-05-23