A financial market in which previously issued securities can be resold is called a ________ market.
A)primary
B)secondary
C)tertiary
D)used securities

Question

Quizplus · Accepted Answer

A secondary market is where securities that have already been issued by companies are bought and sold by investors. This allows investors to trade these securities among themselves without the involvement of the issuing company. The primary market, on the other hand, is where new securities are issued by companies and sold to investors for the first time.

A Financial Market in Which Previously Issued Securities Can Be