The original sale of securities by governments and corporations to the general public occurs in the:

Question

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The primary market is where the original sale of securities by governments and corporations to the general public occurs. In this market, companies raise capital by selling new stocks or bonds to investors for the first time. It is also called the new issue market. The secondary market is where these securities are then bought and sold by investors amongst themselves. The private placement market involves the sale of securities to a restricted group of institutional investors, while the proprietary market is where securities are traded by the firms themselves. The liquidation market refers to the sale of assets by a firm during bankruptcy or winding up.

The Original Sale of Securities by Governments and Corporations to the General