The financial market where a corporation or government issues securities is called ________.
A)a money market
B)a mercantile exchange
C)a debt market
D)a primary market

Question

Quizplus · Accepted Answer

The primary market is where corporations or governments issue securities for the first time to raise capital. It is also known as the new issue market. The money market deals with short-term debt securities, the mercantile exchange is a platform for trading commodities, and the debt market refers to the overall market for debt securities.

The Financial Market Where a Corporation or Government Issues Securities