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six-month money

A Dictionary of Business and Management | 2006 | © A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information) Copyright

six-month money Money invested on the money market for a period of six months. If it is withdrawn before the six months have elapsed there may be a heavy penalty, although if the market has moved in favour of the recipient of the funds, this penalty may be negligible.

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