Public market

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Public market is a market in which standardized contracts are traded on organized exchanges. Securities that are issued in public markets, such as common stock and corporate bonds, are ultimately held by a large number of individuals.


Definitions

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

Public markets. Markets in which standardized contracts are traded on organized exchanges. Securities that are issued in public markets, such as common stock and corporate bonds, are ultimately held by a large number of individuals.

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

Public markets. Markets in which standardized contracts are traded on organized exchanges.

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