Focus on the pronunciation of primary market
English definition of “primary market”
› COMMERCE, MARKETING the most important customers to which a company sells its products or services: Our primary market is males from 17 to 41. The primary market for the company's services are large corporations and branches of the government.
› COMMERCE, MARKETING the sale of goods and services at the time they are first made available, rather than when they are bought or sold later: The company sells tickets to concerts and sports events on the primary market.
› FINANCE, STOCK MARKET the sale of shares, bonds, etc. at the time they are first made available, rather than when they are traded later: Investment banks are the principal underwriters for initial public offerings in the primary market. → Compare fourth market, secondary market, third market