Examlex
The secondary market does not
Subscription Price
The cost at which investors can purchase shares during a company's initial public offering (IPO) or when subscribing to a new issue of shares.
Bearish
A term used in trading to describe the expectation that a market, stock or price will decline.
The Spread
The difference between two prices or rates, such as the bid and ask prices in trading or the yield on different securities.
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