money market
nounDefinition 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
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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 The groom’s mother, who retired as an officer from the treasury money market department at Chemical Bank, is currently the archivist for Poly Prep Country Day School in Brooklyn. — New York Times, "Rebecca Stump, Justin Werner II," 8 Apr. 2018 Back in 2007, the turning of the financial cycle showed up first in subprime mortgages, then money markets, and finally troubles at British banks. — James Mackintosh, WSJ, "Money Markets Are Messed Up, With Real Consequences," 22 Mar. 2018 CIT Bank, for example is offering a money market savings account with a 1.85 annual percentage yield that can be opened with just $100. — Katheleen Conti, BostonGlobe.com, "Banks are offering higher interest rates for savings accounts. But you still need to be smart," 11 July 2018 In March, Modeno imported enough stock to last 12 months from manufacturers in India, just before the crisis struck the money markets. — Golnar Motevalli, Bloomberg.com, "Iran's Standoff With the U.S. Has Paralyzed Money Markets and Businesses," 27 Apr. 2018 The net assets of money market mutual funds totaled $2.89 trillion as of June 6, the highest level since the financial crisis in 2008-09, according to the Investment Company Institute, a mutual-fund trade group. — James F. Peltz, latimes.com, "Higher interest rates are spurring a subtle shift to cash investments. But don't expect to get rich," 22 June 2018 Several of the men seeking to become the state’s next governor appeared before a tourism industry group Friday aboard a boat docked along the Connecticut River and promised to spend more money marketing the state as a vacation destination. — Daniela Altimari, courant.com, "Gubernatorial Candidates Promise Renewed Focus on Toursim," 15 June 2018 Yet a handful of online and community banks, credit unions and money market mutual funds that are hungrier for deposits are paying as much as 2.5% on a one-year CD, up from 2.15% in March. — Paul Davidson, USA TODAY, "How a Fed rate hike could impact credit cards, mortgages, savings rates," 13 June 2018These 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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