Difference between revisions of "Primary market"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | 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. | :[[Primary market]]. Markets in which newly issued securities are sold for the first time. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Primary market]]s. Markets in which corporations raise capital by issuing new securities. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 13:32, 1 November 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.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Primary markets. Markets in which corporations raise capital by issuing new securities.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
