You can think of the ________ as the "used stock" market because these shares have been owned or "used" previously.

Question

Quizplus · Accepted Answer

The secondary market is where previously owned stocks are bought and sold. The primary market is where new securities are issued, the NYSE (New York Stock Exchange) is a specific exchange within the secondary market, and the initial public offering market is a part of the primary market where companies issue their stocks for the first time.

You Can Think of the ________ as the "Used Stock