Glossary

Glossary

Term Book Chapter Definition
Primary Markets International Finance Chapter 8: Global Capital Markets The part of the capital market where new securities are issued directly by entities to investors (e.g., initial public offerings or government bond issuances).
Primary Markets Securities Industry Essentials (SIE) Exam Chapter 2: Understanding the Securities Industry Where securities are created and sold for the first time. Companies raise capital by issuing stocks or bonds directly to investors.