History
The money market developed because parties had surplus funds, while others needed cash. Today it comprises cash instruments as well.
Read more about this topic: Money Market
Famous quotes containing the word history:
“Anyone who is practically acquainted with scientific work is aware that those who refuse to go beyond fact rarely get as far as fact; and anyone who has studied the history of science knows that almost every great step therein has been made by the anticipation of Nature.”
—Thomas Henry Huxley (182595)
“... in a history of spiritual rupture, a social compact built on fantasy and collective secrets, poetry becomes more necessary than ever: it keeps the underground aquifers flowing; it is the liquid voice that can wear through stone.”
—Adrienne Rich (b. 1929)
Related Subjects
Related Phrases
Related Words