Quick Finance Tip - Money Market

Money Market is the market for short-term debt instruments of one year or less.

Instruments in this market either (i) requires issuers to repay the lenders the amount borrowed plus interest or (ii) are pure discount instruments, which pays interest on the difference between borrowed and paid amounts. 

Example includes T-bills. Typically, T-bills are pure discount instruments where an investor will pay less than the face value, to later recoup the amount of the face value, at maturity.