secondary market

noun

1
: the market in which previously issued securities are sold compare primary market
2
: the market in which existing mortgages are bought and sold

Dictionary Entries Near secondary market

Cite this Entry

“Secondary market.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/secondary%20market. Accessed 22 Dec. 2024.

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