money market
/ˈmʌni ˌmɑːkɪt/noun
उच्चारण मनी मार्किट
मुद्रा बाज़ार
Advanced word
noun
- 1
[C] finance
the market in which banks, companies and governments borrow and lend money for short periods, usually less than one year
मुद्रा बाज़ार
- Banks borrow from each other in the money market to meet their daily needs.
- Treasury bills are traded in the money market.
?Which word?
Do not confuse the money market (for short-term borrowing and lending, usually up to one year) and the capital market (for long-term funds, such as shares and bonds).
Money market (अल्पकालीन, आमतौर पर एक वर्ष तक के, उधार लेन-देन के लिए) और capital market (शेयर और बॉन्ड जैसे दीर्घकालीन धन के लिए) में भ्रमित न हों।
✓In the exam
General knowledge
Treasury bills, commercial paper and certificates of deposit are common money market instruments.
Treasury bills, commercial paper और certificates of deposit मुद्रा बाज़ार के प्रमुख साधन हैं।