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English definition of “capital market”

capital market

noun [C]    
FINANCE, ECONOMICS the system of financial organizations from which companies and governments raise money selling stocks, bonds, etc. to investors: domestic/global/international capital markets Long-term interest rates, such as those on mortgages, are determined by global capital markets. There has been a period of liquidity in the capital market. The bonds will be sold on the capital market. In the early 1990s the capital market received a tremendous boost from policies of deregulation and liberalization.
(Definition of capital market noun from the Cambridge Business English Dictionary © Cambridge University Press)
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