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bonds, Treasury-bills.
long-term, short-term
cash, tangible
short-term, long-term
The money market and the capital market are not single institutions but two broad components of the global financial system.
The money market is the trade in short-term debt. It is a constant flow of cash between governments, corporations, banks, and financial institutions, borrowing and lending for a term as short as overnight and no longer than a year. The capital market encompasses the trade in both stocks and bonds. These are long-term assets bought by financial institutions, professional brokers, and individual investors.
Together, the money market and the capital market comprise a large portion of what is known as the financial market.
By: Srishti Gupta ProfileResourcesReport error
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