Primary Market
/ˈpraɪmɛri ˈmɑrkɪt/
Definitions
- (n.) The market where new securities are issued and sold for the first time directly by issuers to investors.
Companies raise capital by selling shares in the primary market.
Forms
- primary market
Related terms
See also
Commentary
The primary market is distinct from the secondary market; contracts and disclosures in this market must comply with initial securities regulations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.