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 information advantage is actually significant in the secondary market, which could explain its growth as a wedge of overall energy investments,” Brett said.

From The Wall Street Journal • Apr. 27, 2026

“We don’t know exactly what he was doing, but we know there is a secondary market to be able to sell these collectible figures,” Azarcon said.

From Los Angeles Times • Apr. 19, 2026

They do so by buying stakes in private-equity funds at big discounts on the secondary market.

From The Wall Street Journal • Apr. 3, 2026

Private-credit loans thus far have been “marked to model,” since there is no price discovery in the absence of a secondary market.

From Barron's • Mar. 27, 2026

In 1992, the government, through an   unorthodox approach, reduced external debt with both commercial and official   creditors by purchasing a sizable amount of the delinquent commercial debt   in the secondary market at a substantial discount.

From The 1993 CIA World Factbook by United States. Central Intelligence Agency