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

“The $200 million in damages to the participating states is also tolerable and we do not expect the requirement that Ticketmaster open up elements of its platform to competitors to have much impact given their current focus on the secondary market,” Harrigan added.

From MarketWatch

“I’m not surprised to see BDCs actively using the secondary market to achieve portfolio management and/or liquidity objectives,” said Jeffrey Griffiths, the global head of private credit for Campbell Lutyens, which advises sellers on secondary transactions.

From The Wall Street Journal

“We expect to see more of this going forward as managers see the value of realizing liquidity at attractive prices and increasing pools of capital are raised to purchase assets in the secondary market,” Griffiths said.

From The Wall Street Journal

In Canada, the Bank of Canada estimates that hedge funds buy up to 50% of government of Canada bonds sold at auction, and that they account for a significant portion of trading activity in the secondary market.

From The Wall Street Journal

A backpack carried by the masked man at Nancy Guthrie’s door may not have been bought at Walmart, as originally believed, but may have been purchased on a secondary market such as EBay, Nanos said.

From Los Angeles Times