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English definition of “primary shares”

primary shares

noun [plural]
 
 
FINANCE, STOCK MARKET a company's shares when they are made available for sale, rather than when they are traded later: The company will sell 2.8 million primary shares and use the proceeds for general purposes, including repayment of debt. →  Compare secondary shares
(Definition of primary shares from the Cambridge Business English Dictionary © Cambridge University Press)
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