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 28 May. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!