Asked by Evette Juarez on Jun 03, 2024
Verified
_____ are short-term debt securities issued by governments,financial institutions,and corporations.
A) Stock
B) Bonds
C) Checks
D) Money market instruments
Debt Securities
Financial instruments that represent a loan made by an investor to a borrower, typically consisting of corporate bonds, government bonds, and other types of loans.
Financial Institutions
Intermediary between savers and borrowers, collecting funds from savers and then lending the funds to individuals, businesses, and governments.
- Identify and describe various types of debt securities and their issuers.
Verified Answer
ZK
Zybrea KnightJun 04, 2024
Final Answer :
D
Explanation :
Money market instruments are short-term debt securities issued by governments, financial institutions, and corporations to finance their short-term cash needs. These include treasury bills, commercial paper, and certificates of deposit, among others.
Learning Objectives
- Identify and describe various types of debt securities and their issuers.