Home | | Commerce 12th Std | Meaning and Definition of Money Market

Commerce - Meaning and Definition of Money Market | 12th Commerce : Chapter 6 : Financial Markets : Money Market

Chapter: 12th Commerce : Chapter 6 : Financial Markets : Money Market

Meaning and Definition of Money Market

Money Market is a market for purely short-term funds. It deals with the financial assets and securities whose maturity period does not exceed one year.

MONEY MARKET

 

Money Market

Money Market is a market for purely short-term funds. It deals with the financial assets and securities whose maturity period does not exceed one year.

 

Meaning and Definition

Money Market is the segment of financial markets where in financial instruments having maturities of less than one year are traded. Examples: Treasury Bills, Commercial Bills, Certificate of Deposits, Government Securities, etc.,

According to Crowther, ”the money market is the collective name given to the various firms and institutions that deal in the various grades of near money”.

The RBI defines the money market as, “a market for short-term financial assets that are close substitutes for money facilitates the exchange of money for new financial claims in the primary market as also for financial claims, already issued, in the secondary market”




Tags : Commerce , 12th Commerce : Chapter 6 : Financial Markets : Money Market
Study Material, Lecturing Notes, Assignment, Reference, Wiki description explanation, brief detail
12th Commerce : Chapter 6 : Financial Markets : Money Market : Meaning and Definition of Money Market | Commerce


Privacy Policy, Terms and Conditions, DMCA Policy and Compliant

Copyright © 2018-2023 BrainKart.com; All Rights Reserved. Developed by Therithal info, Chennai.