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Finance Dictionary and Glossary of Investment Terms
Primary market
Definition 1.
Where a newly issued security is first offered. All subsequent trading of this security occurs is done in the secondary market.
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Definition 2.
The market for new securities issues. In the primary market the security is purchased directly from the issuer. This differs from the secondary market.
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Definition 3.
The market in which investors have the first opportunity to buy a newly issued security.
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