from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. The trade in short-term, low-risk securities, such as certificates of deposit and U.S. Treasury notes.
  • n. A mutual fund that sells its shares in order to purchase short-term securities, the income from which is distributed among shareholders in the form of additional shares in the fund. Also called money market fund.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. A market for trading short-term debt instruments, such as treasury bills, commercial paper, bankers' acceptances, and certificates of deposit.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a market for short-term debt instruments


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