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aftermarket

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af⋅ter⋅mar⋅ket

  [af-ter-mahr-kit, ahf-]
Use aftermarket in a Sentence
–noun
1. the market for replacement parts, accessories, and equipment for the care or enhancement of the original product, esp. an automobile, after its sale to the consumer: The company holds a large share in the automotive radio aftermarket.
2. any additional market created by a product after the primary market: Television is the perfect aftermarket for old movies.
3. Stock Exchange. secondary market.
Origin:
1935–40; after + market
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secondary market

 
–noun Stock Exchange.
the market that exists for an issue after large blocks of shares have been publicly distributed.
Also called aftermarket.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

aftermarket

See secondary market.


secondary market

The market in which existing securities are traded among investors through an intermediary. Organized exchanges such as the New York Stock Exchange facilitate the trading of securities in the secondary market. Compare fourth market, primary market, third market. Also called aftermarket.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: secondary market
Function: noun
1 : the market in which previously issued securities are sold —compare PRIMARY MARKET
2 : the market in which existing mortgages are bought and sold
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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