State the meaning of capital market.
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Money market and Capital market are types of financial market.
Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas,. Capital Markets are used for long-term securities they have the direct or indirect impact on the capital.
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Explanation:
A capital market is a financial market in which long-term debt or equity-backed securities are bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments
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