third market Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “third market” in the English Dictionary

"third market" in Business English

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third marketnoun [S]

uk   us   FINANCE, STOCK MARKET
a ​market in which ​financialorganizationsbuy and ​sellshares directly rather than through a ​stockmarket: The ​firm is the biggest ​broker of Eurobonds and ​sovereigndebt and is the largest third ​market for US ​equities.
(Definition of third market from the Cambridge Business English Dictionary © Cambridge University Press)
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