MANAGEMENT

Detailed explanation-1: -These markets are described as “money markets” because the assets that are bought and sold are short term-with maturities ranging from a day to a year-and normally are easily convertible into cash.

Detailed explanation-2: -The money market is part of the fixed-income market that specializes in short-term debt securities that mature in less than one year. Most money market investments often mature in three months or less. Because of their quick maturity dates, these are considered cash investments.

Detailed explanation-3: -Money market funds make the most sense for short-term goals and generally should not be used for long-term investing such as retirement.

Detailed explanation-4: -The money market refers to trading in very short-term debt investments.

Detailed explanation-5: -Financial institutions, banks, brokers and money dealers trade for a short period. T Bills, commercial paper, certificate of deposit, trade credit, bills of exchange, promissory notes, call money, etc. are some of the examples of money market instruments. These are highly liquid instruments and can be redeemed easily.