A Financial Market in Which Previously Issued Securities Can Be

question 56

Multiple Choice

A financial market in which previously issued securities can be resold is called a ________ market.

• A)primary
• B)secondary
• C)tertiary
• D)used securities

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Definitions:

Buyout

The purchase of a company's shares to gain control over it, often by another company or a group of investors.

Liquidation Price

The value at which assets are sold off quickly, typically under conditions of financial distress.

Renew

To extend the period of validity or operation of something, such as a contract or license.

Dissociate

To separate or remove oneself from a particular association, partnership, or relationship, especially in a legal or formal context.