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Money markets are used for a short-term basis, usually for assets up to one year examples of money market are cash at hand, cash in bank, bank overdraft, debts receivable, livestock produce and inputs in store and many more.
Conversely, capital markets are used for long-term assets, which are those with maturities of greater than one year. Capital markets include the equity (stock) market and debt (bond) market.
joseph rimiru answered the question on September 28, 2017 at 10:23