| gen. |
money market (1 the activity of buying and selling short loans between banks and other financial institutions, for example in the form of certificates of deposit (= money borrowed by banks over short periods) or treasury bills (= money borrowed by governments over short periods); the banks and other institutions that are involved in this: Cash was flowing out of the money market into the stock market. 2 the buying and selling of foreign money: The pound rose again on the money markets. OBED Alexander Demidov) |
