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

In finance, a 'secondary market sale' involves the sale of securities or assets between investors, after the original issuance. An investment banker might say, 'Secondary market sales provide liquidity to investors looking to buy or sell their shares.'

Practice Scenarios

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.

Financial

Scenario:

The company's initial public offering will happen tomorrow. We should monitor the secondary trade volume closely.

Response:

That's a good point. Following the initial public offering, the secondary-market-sale will be very telling of the company's performance.