Primary budget surplus
Primary budget surplusThe primary budget surplus (or deficit) of a government is the surplus excluding interest payments on its outstanding debt.
Primary marketPrimary market
A market in which new issues are traded. In other words, the trading of shares directly between a company and investors.By contrast, the secondary market involves investors buying and selling with other investors, with market makers and brokers facilitating trade. The companies whose shares are being traded are not directly involved in the secondary market, unless they engage in a share buyback.
Forfaiter (Primary)Forfaiter (Primary)
An individual or financial entity that arranges a forfaiting transaction directly with an exporter and then holds or sells on the payment obligations of the importer/ guarantor.
Primary dealerPrimary dealer
Usually refers to the select list of securities firms that are authorized to deal in new issues of government bonds.
Primary factorPrimary factor
An input that exists as a stock providing services that contribute to production. The stock is not used up in production, although it may deteriorate with use, providing a smaller flow of services later. The major primary factors are labor, capital, human capital (or skilled labor), land, and sometimes natural resources.
Primary distributionPrimary distribution
Sale of a new issue of stock or bonds, as distinguished from a secondary distribution.
Further SuggestionsPrimary input
Primary earnings per (common) share