secondary market

English

Noun

secondary market (plural secondary markets)

1. (finance) The financial market for trading of securities that have already been issued in an initial private or public offering.
   • 2023 December 6, Sam Lansky, “Person of Year 2023 : Taylor Swift”, in Time‎^[1]:

     Although 4.1 million tickets were sold for the 2023 shows—including over 2 million on the first day, a new record—scalpers jacked up prices on the secondary market to more than $22,000.

2. (art) The market for works of art that have been sold before.
   • 2010, Don Thompson, The $12 Million Stuffed Shark, Aurum Press Limited, →ISBN:

     The primary market is art directly from the artist, offered for sale for the first time. The secondary market is resale: buying, selling and trading among collectors, dealers and museums.

   • 2024 April 17, Charlotte Edwardes, “‘The money is not real – it’s a feckless level of wealth’: the inside story of the biggest art fraud in American history”, in The Guardian‎^[2], →ISSN:

     He dealt in the “secondary” market—reselling pieces that have been sold before—to individual collectors and investors who grouped together for high-value works.

Coordinate terms

• primary market

Translations

part of financial market

• Armenian: երկրորդային շուկա (hy) (erkrordayin šuka)
• Czech: sekundární trh m
• Finnish: jälkimarkkinat (fi) pl
• Swedish: andrahandsmarknad (sv) c

See also

• aftermarket