| Concept URI | http://www.eionet.europa.eu/gemet/concept/13246 |
|---|---|
| Preferred label | money market |
| Definition | A financial market that trades Treasury bills, commercial paper and other short-term financial instruments. This market is often used by businesses when they need short-term funds to bridge the gap between paying operating costs and collecting revenue from product sales. As such, the term "money" in money market indicates that businesses are using highly liquid instruments to raise the money need for operating expenses. |
| Notation | |
| Status | Valid |
| Status Modified | 2013-12-05 |
| Accepted Date | 2013-12-05 |
| Not Accepted Date | |
| Alternative label | |
| Has broader | |
| Has exact match | |
| Has close match | |
| Source |
European Environment Agency
Kgs. Nytorv 6, DK-1050 Copenhagen K, Denmark