money market

noun

Definition of money market

: the trade in short-term negotiable instruments (such as certificates of deposit or U.S. Treasury securities)

Examples of money market in a Sentence

Recent Examples on the Web

While Kenya is often cited as a leading example of digital transformation, Ghana has recently become the fastest-growing mobile money market in Africa, with registered accounts increasing six-fold between 2012 and 2017. Selin Ozyurt, Quartz Africa, "Ghana is now the fastest-growing mobile money market in Africa," 9 July 2019 Burge said the company saw an opportunity to make a good return on its investment, better than a money market account offered. Michael Levenson, BostonGlobe.com, "Dad who bought Harvard fencing coach’s house also tied to real estate deal with youth fencing coach," 2 May 2019 Employees can invest in a money market fund, global stock fund, bond fund or target-date retirement fund. Kathleen Pender, SFChronicle.com, "California, feds want to narrow retirement gap. They can’t agree on how," 8 June 2019 Because of Labor Department regulations, the IRAs are generally invested in either a money market or certificate of deposit, which offer low returns. Anne Tergesen, WSJ, "Labor Department Clears Path for Automatic 401(k) Transfers," 12 Nov. 2018 Based on trailing seven-day yield (as of the end of August), the top 10 money markets were paying between 1.85% and 2.11%. Eric Uhlfelder, WSJ, "How to Find Decent Yields on Savings," 7 Oct. 2018 According to Greg McBride, chief financial analyst at Bankrate.com, which tracks yields of various financial products, banks’ own money markets at large institutions basically yield the same as their savings yields. Eric Uhlfelder, WSJ, "How to Find Decent Yields on Savings," 7 Oct. 2018 Raising rates and tightening monetary policy could make conservative holdings such as savings accounts, money market funds and certificates of deposit relatively more attractive compared for investors compared to riskier assets such as stocks. David Mchugh, Fox News, "European Central Bank to take next step in tapering stimulus," 13 Sep. 2018 Instead, consider a certificate of deposit, which offers varying maturity dates as well as better interest rates than money market or savings accounts. New York Times, "How to Get Help Paying for Your Wedding," 9 May 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'money market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of money market

1950, in the meaning defined above

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Last Updated

14 Jul 2019

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The first known use of money market was in 1950

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More Definitions for money market

money market

noun

Legal Definition of money market

: the trade in short-term negotiable instruments (as certificates of deposit or U.S. Treasury securities)

More from Merriam-Webster on money market

Rhyming Dictionary: Words that rhyme with money market

Britannica.com: Encyclopedia article about money market

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