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  2. Money market - Wikipedia

    en.wikipedia.org/wiki/Money_market

    The money market is a component of the economy that provides short-term funds. The money market deals in short-term loans, generally for a period of a year or less. As short-term securities became a commodity, the money market became 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.

  3. Money market in India - Wikipedia

    en.wikipedia.org/wiki/Money_market_in_India

    The Indian money market consists of diverse sub-markets, each dealing in a particular type of short-term credit. The money market fulfills the borrowing and investment requirements of providers and users of short-term funds, and balances the demand for and supply of short-term funds by providing an equilibrium mechanism.

  4. MIBOR (Indian reference rate) - Wikipedia

    en.wikipedia.org/wiki/MIBOR_(Indian_reference_rate)

    NSE launched the 14-day NSE MIBID MIBOR on November 10, 1998, and the longer term money market benchmark rates for 1 month and 3 months on December 1, 1998. Further, the exchange introduced a 3 Day FIMMDA-NSE MIBID-MIBOR on all Fridays with effect from June 6, 2008, in addition to existing overnight rate.

  5. Velocity of money - Wikipedia

    en.wikipedia.org/wiki/Velocity_of_money

    The velocity of money provides another perspective on money demand.Given the nominal flow of transactions using money, if the interest rate on alternative financial assets is high, people will not want to hold much money relative to the quantity of their transactions—they try to exchange it fast for goods or other financial assets, and money is said to "burn a hole in their pocket" and ...

  6. What is a money market account? An often overlooked way to ...

    www.aol.com/finance/what-is-a-money-market...

    Money within a money market account is insured by the Federal Deposit Insurance Corporation or the National Credit Union Administration for up to $250,000 per person, per account.

  7. 1992 Indian stock market scam - Wikipedia

    en.wikipedia.org/wiki/1992_Indian_stock_market_scam

    The biggest money market scam ever committed in India, amounting to approximately ₹ 5,000 crores. The main perpetrator of the scam was a stock and money market broker Harshad Mehta. It was a systematic stock scam using fake bank receipts and stamp paper that caused the Indian stock market to crash. The scam exposed the inherent loopholes of ...

  8. The pros and cons of getting a money market account ... - AOL

    www.aol.com/finance/pros-cons-getting-money...

    Money market accounts are a great option if you're looking to maximize the amount of interest you can earn in a low-risk setting. You'll have easy access to your money, your account is insured up ...

  9. Monetary system - Wikipedia

    en.wikipedia.org/wiki/Monetary_system

    The alternative to a commodity money system is fiat money which is defined by a central bank and government law as legal tender even if it has no intrinsic value. Originally fiat money was paper currency or base metal coinage, but in modern economies it mainly exists as data such as bank balances and records of credit or debit card purchases, [3] and the fraction that exists as notes and coins ...