primary shares
noun[plural]
ukusFINANCE,STOCK MARKET
a company'sshareswhen they are madeavailableforsale,ratherthan when they aretradedlater:
Thecompanywillsell2.8 millionprimarysharesand use theproceedsforgeneralpurposes,includingrepaymentofdebt.
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secondary shares