A money market is a sector of the financial market where short-term borrowing and lending occur, typically involving instruments with maturities of one year or less. It provides a platform for governments, financial institutions, and corporations to manage their short-term funding needs. Common instruments traded in the money market include Treasury bills, commercial paper, and certificates of deposit. Investors often use the money market for its safety and liquidity, as it generally involves low-risk investments. Money market accounts and funds are popular among individuals looking for a stable place to park their cash while earning a modest return.