Business / Taxes / Fourth Market: Institutional investors, including mutual fund companies and pension funds, who trade large blocks of securities among themselves are operating in what's called the fourth market. Usually, the transaction are handled through electronic communications networks (ECNs). Among the appeals of using an ECN are reduced trading costs, the ability to trade after hours, and the fact that offers to buy and sell are matched anonymously.
Market Noun Synonyms: demand, customer base, call
Market Verb Synonyms: market-place, exchange, Stock Exchange
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Business / Finance / Marketable Title: A clear, reasonably incontestable title to a piece of real estate that is good for transaction purposes. MORE
Business / Finance / Marketable Securities: Securities that can readily be converted into cash, including government securities, bankers' acceptances, and commercial paper. MORE