Business / Taxes / Primary Market: If you buy stocks or bonds when they are initially offered for sale, and the money you spend goes to the issuer, you are buying in the primary market. In contrast, if you buy a security at some point after issue, and the amount you pay goes to an investor who is selling the security, you're buying in the secondary market. The term primary market also applies the leading or main markets for trading various products. For example, the New York Stock Exchange (NYSE) is a primary market for stocks.
Market Noun Synonyms: demand, customer base, call
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Verb Synonyms: market-place, exchange, Stock Exchange
Primary Adjective Synonyms: firsthand, direct, immediate
Primary Adverb Synonyms: first, prime, principal, chief, main, leading, pre-eminent, cardinal, fundamental, basic, essential, predominant, elementary, elemental, underlying
Business / Finance / Secondary Market: The market in which securities are traded after they are initially offered in the primary market. Most trading occurs in the secondary market. The New York Stock Exchange, as well as all other stock e MORE
Business / Finance / New-Issues Market: The market in which a new issue of securities is first sold to investors. This is not a separate market but refers to a niche of the overall market. MORE