SECONDARYMARKET

Secondary market

The secondary market, also called aftermarket, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold. Another frequent usage of "secondary market" is to refer to loans which are sold by a mortgage bank to investors such as Fannie Mae and Freddie Mac.

The above text is a snippet from Wikipedia: Secondary market
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secondary market

Noun

  1. The financial market for trading of securities that have already been issued in an initial private or public offering.


The above text is a snippet from Wiktionary: secondary market
and as such is available under the Creative Commons Attribution/Share-Alike License.

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