The market in which previously issued securities can be resold is called ________.
A)a secondary market
B)a resale market
C)a debt market
D)an exchange market

Question

Quizplus · Accepted Answer

A secondary market is a financial market where previously issued securities, such as stocks, bonds, and other financial instruments, can be bought and sold by investors. This market provides liquidity to investors who want to sell their securities and allows buyers to purchase those securities without having to wait for a new issue. The secondary market can be further divided into centralized exchanges and over-the-counter markets.

The Market in Which Previously Issued Securities Can Be Resold