Secondary Market

Business / Taxes / Secondary Market: When investors buy and sell securities through a brokerage account, the transactions occur on what's known as the secondary market. While the secondary market isn't a place, it includes all of the exchanges, trading rooms, and electronic networks where these transactions take place. The issuer — company or government — that sold the security initially receives no proceeds from these trades, as it does when the securities are sold for the first time.

Other Words for Market

Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Verb Synonyms: market-place, exchange, Stock Exchange
Market Noun Synonyms: demand, customer base, call
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Other Words for Secondary

Secondary Verb Synonyms: less important, unimportant, inessential or unessential, non-essential, non-critical, subsidiary, ancillary, minor, inferior, subordinate
Secondary Adverb Synonyms: derivative, derived, indirect, second-hand, unoriginal, not original, copied, imitated
Secondary Noun Synonyms: auxiliary, second-line, backup, extra, reserve, spare, provisional, supporting, supportive, alternate, alternative
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Primary Market

Business / Finance / Primary Market: Where a newly issued security is first offered. All subsequent trading of this security occurs is done in the secondary market. MORE

Marketability

Business / Finance / Marketability: A negotiable security is said to have good marketability if there is an active secondary market in which it can easily be resold. MORE

International Security Market Association (ISMA)

Business / Finance / International Security Market Association (ISMA): Swiss law association located in Zurich that regroups all the participants on the Eurobond primary and secondary markets. Establishes uniform trading procedures in the international bond markets. MORE

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