The money market is a segment of the financial market in which financial instruments with high liquidity and very short maturities are traded. The money market is used by participants as a means for borrowing and lending in the short term, from several days to just under a year.
The definition of snub is something that extremely short. An example of something snub is the nose of a Pug dog. To snub is to put something out.
Snubbing is a generic term that encompasses the processes involved in running tubular goods into or out of a wellbore while there is or the possibility exists for surface pressure. Cudd Pressure Control, Inc. Introduces a New Generation Hydraulic Drilling and Workover System