Examlex
In recent years, wireless cellular telephones have been replacing land-line phone service. This is an example of
Market Segmentation Theory
A theory suggesting that the bond market is segmented on the basis of maturity, influencing interest rates and investment strategies.
Debt Market
A market where investors buy and sell debt securities, typically bonds, which are promises to repay borrowed money.
Primary Market
A part of the capital market where new securities are initially sold to investors, typically through underwriting.
Secondary Market
A market where previously issued financial instruments such as stock, bonds, options, and futures are bought and sold.
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