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Published in:
1982 | OriginalPaper | Chapter
The Money Market
Author : R. R. Pitfield, A.C.I.S., M.B.I.M.
Published in: Mastering Commerce
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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The ‘money market’ is a term which is somewhat loosely applied to a number of financial institutions within the total banking system. As we saw in the two previous chapters, ordinary traders and private individuals do a lot of business through their banks, but the banking system extends beyond the High Street banks. In this chapter we will study institutions which gives specialist services concerned with circulating money and providing credit.