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Money market

Simply define and illustrate the Money market?

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Money market is the portion of financial market and one of significant concept of Finance since finance is flow of fund and money market gives system for flowing of funds and commercial papers. In easy words, money market is that market in which brief word commercial papers are purchased and sold and short term loan are provided and taken. Mainly dealers of money market are the banks and financial institutions who require fund in very short term and they can’t take this fund from capital market since in capital market, they can just receive long term fund with big amount of loan and share capital.

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