secondary market
The term "secondary market" is used in various contexts to describe markets where previously issued or owned items are bought and sold.
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Definition
C1Finance
(technical)A marketplace where investors trade previously issued securities like stocks and bonds among themselves.
Example
- The New York Stock Exchange is a well-known secondary market where investors trade stocks.
- In the secondary market, the issuing company does not participate in the transactions.
C1Economics
(technical)A market where previously owned goods are resold or exchanged.
Example
- The secondary market for used cars is thriving due to high demand for affordable vehicles.
C1Art
(technical)A market for works of art that have been previously sold.
Example
- Many collectors turn to the secondary market to find rare pieces of art.
Similar
Terms that have similar or relatively close meanings to "secondary market":
primary marketgrey marketon the marketstock marketdark marketmass marketsell sidetransfer marketbear market