money market securities

money market securities definition - finance
Interest-bearing securities that mature within one year. Included in this group are short-term certificates of deposit, repurchase agreements, and commercial paper. Generally, money market securities are low risk and have yields that are similar to Treasury securities with short maturities.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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