Money Market

Explain what is money market?

Questions by hrushikeshjoshi   answers by hrushikeshjoshi

Showing Answers 1 - 3 of 3 Answers

Hari Babu

  • Jun 10th, 2008
 

Money Market : Its a Global financial market for short term borrowing and lending. The money market is where short-term obligations such as treasury bills, commercial paper and banker's acceptances are bought and sold.

  Was this answer useful?  Yes

vasudeo007

  • Aug 17th, 2008
 

Money market is the market of money.

Just like goods and services are sold in market money itself is also sold.

That does not mean foreign currency. I mean when you buy short term deposit, treasury bill of government, commercial paper etc then it is called money market.

Here you are buying money and giving money in the same currency.

Profit is when you get more currency and give fewer currency to obtain it.

Vasudeo

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

 

Related Answered Questions

 

Related Open Questions