Money market is a market for __
A
short -term fund
B
long -term fund
C
hedge fund
D
risk free assets
Correct Answer: short -term fund
The money market is the trade in short - term debt. It is a constant flow of cash between governments, corporations, banks, and financial institutions, borrowing and lending for a term as short as overnight and no longer than a year. The capital market encompasses the trade in both stocks and bonds.