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

Uefa's resale value will be face value, while World Cup tickets are resold on a secondary market at inflated prices, with Fifa taking a 30% cut on top - 15% each off the buyer and seller.

From BBC

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

The cheapest tickets for the final in New Jersey this year went on sale at $6,730 but jumped to $8,000 on the secondary market.

From MarketWatch

Private-credit fund managers sometimes sell assets on the secondary market to satisfy periodic redemption requests from investors, as Blue Owl Capital and New Mountain Capital have recently done.

From The Wall Street Journal

Demand has since perked up slightly, with the current going rate on the secondary market for a “Girl” hovering around $1 million, he said.

From The Wall Street Journal