secondary market

American  

noun

Stock Exchange.

1. the market that exists for an issue after large blocks of shares have been publicly distributed.

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Example Sentences

They are turning to the secondary market where institutional investors can sell private-equity stakes to other investors before maturity, usually for less than what the manager says they are worth.

From The Wall Street Journal

Narvekar wrote in the school’s 2025 financial report that Harvard views the secondary market “as a strategic tool” that can be used to cash out of private-market stakes when prices are appealing and to “refine the composition of our private equity holdings.”

From The Wall Street Journal

Tesla has long collected emissions credits from its EVs and then sold them on the secondary market, creating a high-margin business stream.

From Barron's

"This is also a reflection of the treatment of the secondary market for tickets, which has a distinct legal treatment than in many other parts of the world. We are focused on ensuring fair access to our game for existing but also prospective fans."

From Barron's

Fake and speculative tickets pop up all over secondary market ticket sites, due to high demand and limited stock.

From Los Angeles Times