secondary-market-sale

Vocabulary Word

Definition

In 'secondary-market-sale', an item is resold after its initial sale. Like reselling a concert ticket if you can't go anymore. It's the second time that item is sold to someone.

Examples in Different Contexts

The stock market relies on secondary market sales for the trading of shares post-initial public offering (IPO). A stockbroker might explain, 'Through secondary market sales, you can invest in established companies by purchasing shares from existing shareholders.'

Practice Scenarios

Real-Estate

Scenario:

This property's value has substantially increased over time. It could be an excellent investment for willing buyers.

Response:

I agree. We should consider this property for a secondary-market-sale. It seems like a perfect investment.

Business

Scenario:

We're considering a strategic move to diversify our portfolio, and acquiring additional businesses is one option.

Response:

I completely agree. A strategic secondary-market-sale could be a good expansion strategy for our diversified portfolio.