FINANCIAL MARKET DEFINATION: A market where securities are sold and purchased called financial market. Types of Financial Markets Primary Market: When a company issue its securities first time in the market that market is called primary market. Secondary Market: The market where issued securities are sold and purchased is called secondary market. Money Market: A market where securities who's maturity are less than or equal to one year are sold and purchased are called money market. a) T bill T bill are issued by Govt. when they need the money and Govt mostly issue T bill when thsre budget is going to budget is deficit or have. These securities maturity is less than one year and Govt. can issue in any country.Its a less risky investment. b) Commercial Paper Commercial paper are issued by companies. These types of securiteis issue mostly that company that have high credit worthiness in market and goodwill in the market. These types of investment are risky i...
MBA NOTES:MASTER IN BUSINESS ADMINISTRATION (MBA) OR BUSINESS NOTES