Second market


 

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Second market

The OTC market.



Second market

Similar Matches

Second theorem of welfare economics

Second theorem of welfare economics

The proposition of welfare economics that any Pareto optimal allocation can be attained by a competitive general equilibrium.


Second mortgage lending

Second mortgage lending

Loans secured by real estate previously pledged in a first mortgage.


Second preferred stock

Second preferred stock

Preferred stock issue that has less priority in claiming dividends and assets in liquidation than another issue of preferred stock.


Secondary distribution or offering

Secondary distribution or offering

Public sale of previously issued securities held by large investors, usually corporations or institutions, as distinguished from a primary distribution, where the seller is the issuing corporation. The sale is handled off the NYSE, by a securities firm or a group of firms, and the shares are usually offered at a fixed price related to the current market price of the stock.


Secondary market

Secondary market

The market in which securities are traded after they are initially offered in the primary market. Most trading occurs in the secondary market. The New York Stock Exchange, as well as all other stock exchanges and the bond markets, are secondary markets. Seasoned securities are traded in the secondary market.


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