primary market Meaning in the Cambridge English Dictionary
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Meaning of “primary market” in the English Dictionary

"primary market" in Business English

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primary marketnoun [C]

uk   us  
COMMERCE, MARKETING the most important ​customers to which a ​companysells its ​products or ​services: Our ​primarymarket is ​males from 17 to 41. The ​primarymarket 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 ​companysellstickets to concerts and sports ​events on the ​primarymarket.
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 ​initialpublicofferings in the ​primarymarket.
(Definition of primary market from the Cambridge Business English Dictionary © Cambridge University Press)
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