It stands for money market instrument; a financial instrument representing a short-term financing vehicle which can be “relatively easily” converted...

MMI stands for money market instrument; a financial instrument representing a short-term financing vehicle which can be “relatively easily” converted...

A financial instrument representing a short-term financing vehicle which can be “relatively easily” converted into cash. By nature such instruments...

A money-market instrument which constitutes a time draft drawn on and accepted by a bank. A banker’s acceptance (BA) provides…