money market(redirected from Short-term debt)
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1. The trade in short-term, low-risk debt securities, such as commercial paper and US Treasury bills.
2. A mutual fund that invests in short-term debt securities. Also called money market fund.
(Banking & Finance) finance the financial institutions dealing with short-term loans and capital and with foreign exchange. Compare capital market
the short-term trade in money, as in the sale and purchase of bonds and certificates.
Financial institutions dealing with short-term loans and capital and with foreign exchange.