Difference between revisions of "Primary market"
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Revision as of 20:48, 28 October 2019
Primary market is a market in which newly issued securities are sold for the first time.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Primary market. Markets in which newly issued securities are sold for the first time.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.