primary market

Definition

The market for new securities issues. In the primary market the security is purchased directly from the issuer. This differs from the secondary market.

Use primary market in a sentence

The primary market offered numerous options for lucrative investments so we eventually counselled our financial adviser on our favorite choices.

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Trying to make sense of the primary market without the help of a stock broker is extremely difficult, especially if you do not understand how the stock market works.

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They knew there was quite a bit of interest out there for a new stock sale, so they decided to go into the primary market for the offering, instead of offering it to the public.

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International Capital Market Association (ICMA) cyclical market