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

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A money market is actually a market for trading in short-term, highly liquid securities, with maturities typically less than one year. Examples of securities traded in the money market include Treasury bills, commercial paper, certificates of deposit, and municipal notes. Stocks and long-term corporate bonds would be traded in the stock market and bond market, respectively.

A Money Market Is the Market for Trading in Securities