Capital market

Capital market is a financial market for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market.

Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Capital market. Capital markets are the financial markets for long-term debt and corporate stocks. The New York Stock Exchange is an example of a capital market.

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Capital markets. The financial markets for stocks and for intermediate or long-term debt (one year or longer). The financial markets for stocks and for intermediate- or long-term debt (one year or longer).

Related concepts

• Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.

Related lectures

• Introduction to Financial Management.