Primary market: Difference between revisions
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imported>Doug Williamson m (Categorise.) |
imported>Doug Williamson (Expand to address bank lending primary markets.) |
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'''1.''' | |||
A market for financial assets when those assets are first offered for sale. | A market for financial assets when those assets are first offered for sale. | ||
For example, on the flotation of a company or the issue of a bond. | For example, on the flotation of a company or the issue of a bond. | ||
'''2.''' | |||
In relation to loans, the market in which the borrowers and the original lenders deal with one another. | |||
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* [[Shallow discount bond]] | * [[Shallow discount bond]] | ||
[[Category: | [[Category:Corporate_financial_management]] |
Revision as of 16:04, 8 November 2013
1.
A market for financial assets when those assets are first offered for sale.
For example, on the flotation of a company or the issue of a bond.
2.
In relation to loans, the market in which the borrowers and the original lenders deal with one another.