Question

Markets can be characterized by the lifepan of the

assets traded. The market for assets with
a life of less than One
year is
​

Answer 1

Money markets

Step-by-step explanation:

The money market is a formal exchange market that brings together lenders and borrowers of short-term debt securities. The money market facilitates governments and corporates to sell short-term securities to meet their cash flow shortages.

Money markets enable institutional and retail investors with excess cash flow to invest in quality short-term investments. The money markets provide investors with options for investments and diversification.