In the field of finance,the market where initial public offerings are made is known as the ________ market.

Question

Quizplus · Accepted Answer

The primary market is the market where new securities, including initial public offerings (IPOs), are issued for the first time. It is where companies raise capital by offering shares to the public for the first time. In contrast, the secondary market is where securities that have already been issued are bought and sold. The money market is a market for short-term borrowing and lending, and the derivative market is for trading financial instruments whose value is derived from an underlying asset.

In the Field of Finance,the Market Where Initial Public Offerings