Money order


 

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Money order

A financial instrument backed by a deposit at a certain firm such as a bank that can be easily converted into cash.



Money order

Similar Matches

Money overhang

Money overhang

A money supply that is larger than people want to hold at prevailing prices. This was said to be a major cause of inflation in Russia after the fall of the Soviet Union, which left an excess of money in circulation.


Money income

Money income

Nominal income; contrasts with real income.


Money market security

Money market security

Short-term investment usually of less than one year.


Money market yield

Money market yield

A bond quotation convention based on a 360-day year and semiannual coupons. See: Bond equivalent yield.


Money market

Money market

A market in which money and other liquid assets such as bills of exchange and Treasury bills can be lent and borrowed in order to satisfy the short term (from overnight to several months) cash flow requirements of banks and other institutions. Where personal investors have large sums of money to deposit, they can also gain access to the money market via the commercial banks.


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out of the money
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