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money market

Syllabification: mon·ey mar·ket

Definition of money market in English:

noun

The trade in short-term loans between banks and other financial institutions.
Example sentences
  • International money market managers and investment banks went on a lending binge from 1993 to 1996.
  • The cash rate is the interest rate which applies to trading between financial institutions on the overnight money market.
  • Consequently, this will reinforce the lowering of the interest rate in the money market by the central bank.

Definition of money market in:

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