Practicing Success
Practicing Success
CUET Preparation Today
| Any transaction in shares or debentures subsequent to its primary offering is called "___________ Transaction". |
Primary Secondary Tertiary Quaternary |
| Secondary |
| Any transaction in shares or debentures subsequent to its primary offering is called "Secondary Transaction". Thus, the secondary capital market, which is also known as old securities market or stock exchange deals with buying and selling of old securities i.e. the market securities issued earlier are sold by existing investors in this market, thus paving way for the entrepreneurs that if they offer high returns to market, investors will remain inclined to invest therein. |
