What is the Definition of Secondary Market?
Market for previously issued and outstanding securities.
Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/
Label: Insurance
Theme: Dictionary of Insurance Terms
Other Questions: What is the definition of Annuity?
What is the Definition of Secondary Market?
You can find random definition and meaning of insurance terms below:
What is the meaning of Social Insurance
compulsory insurance plan administered by a federal or state government agency with the primary emphasis on social adequacy.
What is the meaning of Soft Market
a buyer's market characterized by abundant supply of insurance driving premiums down.
What is the meaning of Special revenue bond
any security, or other instrument under which a payment obligation is created, issued by or on behalf of a governmental unit to finance a project serving a substantial public purpose and not payable from the sources in connection with the payment of municipal obligation bonds.
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