Money market is a market for__

Money market is a market for__ Correct Answer short-term fund

The money market is a component of the economy which provides short - term funds. The money market deals in short - term loans, generally for a period of a year or less. As money became a commodity, the money market became a component of the financial market for assets involved in short - term borrowing, lending, buying and selling with original maturities of one year or less. Trading in money markets is done over the counter and is wholesale.
Bissoy MCQ

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