money market

noun

: 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 Certificates of deposit, money market funds and high-yield savings accounts all offer competitive rates. USA TODAY, 4 Apr. 2024 Invest in short-term CDs, online savings accounts, money market funds or Treasuries, which may offer similar or higher interest rates. Medora Lee, USA TODAY, 3 Jan. 2024 Celsius took its product to market at a time when traditional banks were paying little interest on savings accounts and money market funds, making the firm highly attractive to investors seeking higher than normal yields. Matthew Goldstein, New York Times, 13 July 2023 For example, in 2022, Farmers Insurance Group Federal Credit Union raised the rate of its online savings account, eliminating its tiers and minimum balance requirement, while keeping the rate on its money market accounts static. Crissi Cole, Forbes, 28 Feb. 2024 But from an investment standpoint, the fact the Fed is going to start cutting rates says to me that money is hiding out on the sidelines, and it’s been trying to capture a yield in short-term money market funds and securities. Krystal Hur, CNN, 11 Feb. 2024 Based on money market forward rates, market players currently rate the probability of another European Central Bank interest-rate rise only moderately higher than the probability of a hike by the Federal Reserve after the summer. WSJ, 31 July 2023 Yet many people still park their funds in low-yielding money market funds and the like, said David Kelly, chief global strategist at J.P. Morgan Asset Management. The Arizona Republic, 25 Feb. 2024 Then, the Fed’s 500-basis-point leap raised what customers can now collect on money market funds to around 4.5%, far more than banks can afford to pay on checking and savings. Shawn Tully, Fortune, 16 June 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'money market.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1950, in the meaning defined above

Time Traveler
The first known use of money market was in 1950

Dictionary Entries Near money market

Cite this Entry

“Money market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/money%20market. Accessed 25 Apr. 2024.

Kids Definition

money market

noun
: the trade in short-term negotiable instruments (as U.S. Treasury securities)

Legal Definition

money market

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

More from Merriam-Webster on money market

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