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In terms of the life of the securities offered, what is the difference between money and capital markets? Money markets refer to markets dealing in

In terms of the life of the securities offered, what is the difference between money and capital markets?
Money markets refer to markets dealing in securities, capital markets refer to physical assets
There is no discernable difference
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Money markets refer to those markets dealing with short-term securities that have a life of one year or less. Capital markets refer to securities with a life of more than one year.
Money markets refer to those markets dealing with long-term securities that have a life of one year or more. Capital markets refer to securities with a life of less than one year.
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