Simple English definitions for legal terms

secondary market

Read a random definition: wood-geld

A quick definition of secondary market:

The secondary market is a place where people can buy and sell things that have already been bought before. It's like a big store where you can find things that other people don't want anymore and buy them for yourself.

A more thorough explanation:

The secondary market is where investors buy and sell securities that have already been issued. This is different from the primary market, where new securities are issued and sold for the first time.

For example, if a company decides to go public and issue shares of stock for the first time, it does so in the primary market. Once those shares are sold to investors, they can then be bought and sold on the secondary market. This allows investors to trade securities with each other, without the involvement of the issuing company.

Other examples of securities that can be traded on the secondary market include bonds, options, and futures contracts.

The secondary market is important because it provides liquidity to investors. If an investor needs to sell a security, they can do so on the secondary market, rather than waiting for the issuing company to buy it back. Similarly, if an investor wants to buy a security, they can do so on the secondary market, rather than waiting for a new issue to become available.

Secondary Liability | Secondary meaning


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and UPenn for that matter! Would be greatly appreciated
yay pookie! congrats!
omg this guy on the deposition is screamingggg
And congrats!!!!!!<3
like it's crazy
i've heard great things about UVA! I visited upenn and hated it so much / felt so uncomfy there and the starbucks by campus got robbed while i was there waiting for my tour to start lol
@OptimisticOutlier That sounds terrible, I'm sorry you had to experience that lol. Can I ask what made you feel uncomfortable? Like the sketchy vibes of the city or like the camp\us itself etc.?
penn is in a nice area
right next to drexel
it was campus itself, honestly i can't explain what it actually is. I felt the same way when I was touring schools for undergrad, pretty much pulled up to upenn and told my mom i knew i didn't like it and didn't need to take the tour lol
would argue with the nice area piece lol i think all of philly is kinda scary, someone pulled a gun on my team while we were down for a football game at upenn and walking around at night
but that said, i'm pretty happy i moved to pa after school and i know lots of people love upenn!
dear god is that sketchy
definetly safer than how its being described
people are absolutely crwzy
yeah yeah will 10000% agree i've had like bad outlier experiences lol
u are the optimistic outlier after all
how do i tell my boss im quitting and need to take off on monday (visiting ND on monday to meet with dean and check the vibes, was gonna put in my 2 weeks regardless
i luv being an art hoe snob
believe it or not i didn’t miss any calls
Lol all of philly is a dumpster fire
Yet i am moving there for law school in 14 days lol
@OptimisticOutlier: congratulations!!!
I live in that area. It isn't bad at all
[] ararara
Optimistic whaaaaaat?! Now we’ve gotta have some fun! Did we disco? Take your lil victory lap I know that’s right! Make sure to leave some wisdom behind on your profile for the future users!
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