The market for short term security is called?

COMMERCE
WAEC 2015

The market for short term security is called?

  • A. commodity market
  • B. discount market
  • C. money market
  • D. stock market

Correct Answer: C. money market

Explanation

money market is a component of the financial market for assets involved in short-term borrowing, lending, buying and selling with original maturities of one year or less.



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