secondary market
noun[C]
ukusFINANCE,STOCK MARKET
thetradingofexistingbonds,shares, etc.ratherthan newones:
It will be severalyearsbefore anItalianmunicipalbondmarkethas theliquiditytoenablethebondsto betradedon asecondarymarket.
Compare
fourth market
primary market
third market
COMMERCE,MARKETING
customersother than those for whom aproductwasoriginallymade:
Grocerystorescanselldiscardedbagsto asecondarymarketforrecycledplastics.
COMMERCE,MARKETING
thesellingofproductsthat areconnectedwith amainproduct:
Hollywoodhasdevelopedsecondarymarkets- fromDVDstotoys- tobringinadditionalrevenue.