Secondary market
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Secondary market is one of the markets in which securities are resold after initial issue in the primary market. The New York Stock Exchange is an example.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Secondary market. Markets in which securities are resold after initial issue in the primary market. The New York Stock Exchange is an example.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
