Primary market: Difference between revisions
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imported>Doug Williamson (Expand to address bank lending primary markets.) |
imported>Doug Williamson (Layout.) |
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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. | ||
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In relation to loans, the market in which the borrowers and the original lenders deal with one another. | In relation to loans, the market in which the borrowers and the original lenders deal with one another. | ||
Revision as of 12:05, 13 May 2016
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.
