GENSAKI
\d͡ʒɛnsˈaki], \dʒɛnsˈaki], \dʒ_ɛ_n_s_ˈa_k_i]\
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The broad Japanese MONEY MARKET, which includes trading in shortterm GOVERNMENT BILLS, CERTIFICATES OF DEPOSIT, NOTES, REPURCHASE AGREEMENTS and REVERSE REPURCHASE AGREEMENTS.
By Henry Campbell Black
Word of the day
devil-s turnip
- white-flowered vine having thick roots and bearing small black berries; Europe to Iran