A money market is the market for trading in securities with maturities over one year and includes such financial assets as stocks and long-term corporate bonds.

Question

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A money market is actually the market for trading in short-term, highly liquid, and low-risk securities with maturities of less than one year, such as government and corporate treasury bills, commercial paper, and certificates of deposit. Stocks and long-term corporate bonds are traded in the capital market.

A Money Market Is the Market for Trading in Securities