- The market where securities are traded after they are initially offered in the primary market. Most trading is done in the secondary market. The New York stock Exchange, as well as all other stock exchanges, the bond markets, etc., are secondary markets. Seasoned securities are traded in the secondary market. The New York Times Financial Glossary
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* * *The secondary market is where securities are bought and sold once they have been issued in the primary market. The secondary market gives a continuing opportunity for buying and selling and price discovery, and provides the liquidity that allows the primary market to function.► See also Primary Markets.
* * *secondary market UK US noun [C]► FINANCE, STOCK MARKET the trading of existing bonds, shares, etc. rather than new ones: »
It will be several years before an Italian municipal bond market has the liquidity to enable the bonds to be traded on a secondary market.→ Compare FOURTH MARKET(Cf. ↑fourth market), PRIMARY MARKET(Cf. ↑primary market), THIRD MARKET(Cf. ↑third market)► COMMERCE, MARKETING customers other than those for whom a product was originally made: »
Grocery stores can sell discarded bags to a secondary market for recycled plastics.► COMMERCE, MARKETING the selling of products that are connected with a main product: »
Hollywood has developed secondary markets - from DVDs to toys - to bring in additional revenue.
Financial and business terms. 2012.
Look at other dictionaries:
secondary market — Market where previously issued securities are bought and sold. Chicago Board of Trade glossary Markets for the purchase and sale of any previously issued financial instrument. The first sale of a financial instrument by the original issuer is… … Financial and business terms
secondary market — n 1: the market in which previously issued securities are sold compare primary market 2: the market in which existing mortgages are bought and sold Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Secondary market — The secondary market is the financial market for trading of securities that have already been issued in an initial private or public offering. [http://www.intracen.org/tfs/docs/glossary/se.htm#Secondary market] Alternatively, secondary market can … Wikipedia
Secondary Market — A market where investors purchase securities or assets from other investors, rather than from issuing companies themselves. The national exchanges such as the New York Stock Exchange and the NASDAQ are secondary markets. Secondary markets exist… … Investment dictionary
secondary market — after market A market in which existing securities are traded, as opposed to a primary market, in which securities are sold for the first time. In most cases a stock exchange largely fulfils the role of a secondary market, with the flotation of… … Big dictionary of business and management
secondary market — A market in which existing securities are traded, as opposed to a primary market, in which securities are sold for the first time. In most cases a stock exchange largely fulfils the role of a secondary market, with the flotation of new issues… … Accounting dictionary
secondary market — noun The financial market for trading of securities that have already been issued in an initial private or public offering. See Also: primary market … Wiktionary
Secondary market — A market for securities which have already been issued (i.e. sold). Also called the resale market … International financial encyclopaedia
secondary market — / sekənd(ə)ri ˌmɑ:kɪt/ noun a market where existing securities are bought and sold again and again, as opposed to a primary market, where new issues are launched … Dictionary of banking and finance
secondary market — Stock Exchange. the market that exists for an issue after large blocks of shares have been publicly distributed. Also called aftermarket. * * * … Universalium