Term	Book	Chapter	Definition
Primary Market	CFA Level 1 Exam	Chapter 7: Equity Investments	In the primary market, companies issue new shares to the public for the first time through an Initial Public Offering (IPO).
Primary Market	Money and Banking	Chapter 3: The Financial System and Its Components	The primary market is where new securities are issued and sold for the first time. Companies and governments use this market to raise capital by issuing stocks, bonds, or other financial instruments.