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English definition of “money market”

money market

noun
 
 
FINANCE
[C] a market for borrowing and lending money for short periods between banks and other financial organizations: in/on the money market Higher lending rates between banks will make it less profitable for investors to raise funds in the money market. The bigger the bank, the cheaper it is to borrow on the money market. The low-interest rate environment has diminished returns for money markets, bonds, and other non-stock investments. The Bundesbank has lowered a key money-market rate in each of the past three weeks. → Compare capital market
(Definition of money market from the Cambridge Business English Dictionary © Cambridge University Press)
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