Primary and secondary markets are markets for short-term and long-term securities, respectively.

Name: Primary and secondary markets are markets for short-term and long-term securities, respectively.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Primary markets are markets for new securities being issued for the first time, whereas secondary markets are where existing securities are bought and sold after the initial offering. Neither primary nor secondary markets are specifically limited to short-term or long-term securities.

Primary and Secondary Markets Are Markets for Short-Term and Long-Term