The document discusses money markets and capital markets, explaining that money markets deal in short-term financial instruments of up to one year. Test your knowledge with this quiz on your understanding of capital and money market products.Money markets represent shortterm lending while capital markets allow investors to trade in stocks and bonds. Unlike the Money market, the Capital market involves trading in bonds, stocks, and debentures, in the long term. The document discusses the capital market, including its meaning, structure, importance, functions, players, and instruments. The money market deals in securities of shortterm with a maximum tenure of one year. The capital market deals in securities of medium and long term. The money market is the market for shortterm debt instruments. This includes maturity periods of one year or less. Access study documents, get answers to your study questions, and connect with real tutors for FIN 371 : MONEY AND CAPITAL MARKETS at University of Texas.