secondary market Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “secondary market” in the English Dictionary

"secondary market" in Business English

See all translations

secondary marketnoun [C]

uk   us  
FINANCE, STOCK MARKET the ​trading of existing ​bonds, ​shares, etc. rather than new ones: It will be several ​years before an Italian ​municipalbondmarket has the ​liquidity to ​enable the ​bonds to be ​traded on a ​secondarymarket.
COMMERCE, MARKETING customers other than those for whom a ​product was originally made: Grocery ​stores can ​sell discarded bags to a ​secondarymarket for ​recycledplastics.
COMMERCE, MARKETING the ​selling of ​products that are ​connected with a ​mainproduct: Hollywood has ​developedsecondarymarkets - from ​DVDs to toys - to ​bring in ​additionalrevenue.
(Definition of secondary market from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of secondary market?
Add Cambridge dictionaries to your browser to your website

“secondary market” in Business English

Word of the Day


a musical instrument, especially one made from a skin stretched over the end of a hollow tube or bowl, played by hitting with the hand or a stick

Word of the Day

I used to work hard/I’m used to working hard (Phrases with ‘used to’)
I used to work hard/I’m used to working hard (Phrases with ‘used to’)
by Kate Woodford,
February 10, 2016
On this blog, we like to look at words and phrases in the English language that learners often have difficulty with. Two phrases that can be confused are ‘used to do something’ and ‘be used to something/doing something’. People often use one phrase when they mean the other, or they use the wrong

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More