money marketmoney market
the market for treasury bills, commercial paper, and other securities issued to meet the short-term borrowing requirements of government agencies, banks, large corporations, etc.
- The trade in short-term, low-risk debt securities, such as commercial paper and US Treasury bills.
- A mutual fund that invests in short-term debt securities. Also called money market fund.
(plural money markets)
- (finance) A market for trading short-term debt instruments, such as treasury bills, commercial paper, bankers' acceptances, and certificates of deposit.
- Alternative spelling of money market.