The money market is the market for securities with maturities over one year and includes such financial assets as shares and long-term corporate bonds.

Question

Quizplus · Accepted Answer

The statement is false. The money market is actually the market for short-term, highly liquid financial assets with maturities of one year or less, such as treasury bills, commercial paper, and certificates of deposit. Shares and long-term corporate bonds belong to the capital market.

The Money Market Is the Market for Securities with Maturities