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money market |
Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia | 0.03 sec. |
money marketInstitution that deals in gold and foreign exchange, and securities in the short term. Long-term transactions are dealt with on the capital market. There is no physical marketplace, and many deals are made by telephone or telex. |
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? Mentioned in | ? References in classic literature | |
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His three hundred guinea entrance fee paid, his three sureties of five hundred pounds each found, his name approved by the Committee, and all other formalities complied with, he found himself whirling round, an insignificant unit, in the vortex of the money market of the world. "I wish my Fanny was more like her," he often said to himself, as he watched the girls, while they thought him deep in politics or the state of the money market. We in the States are right outside all these little jealousies and wrangles that bring Europe, every now and then, right up to the gates of war, but I'm hanged if there is one of you dare pass through those gates without a hand on our money markets. |
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money market