What is the meaning of Primary market?

If you buy stocks, bonds, futures contracts, or options when they are initiallyoffered for sale, and the money you spend goes to the issuer, you are buying in the' Primary market'. In contrast, if you buy a security that's already on the market, and the amount you pay goes to an investor who is selling the security, you're buying in the secondary market.

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APABarry Goldsmith. (2010). primary market. Retrieved September 30, 2026, from http://smartdefine.org/primary_market/definitions/1161101
ChicagoBarry Goldsmith. 2010. "primary market" http://smartdefine.org/primary_market/definitions/1161101 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, primary market, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/primary_market/definitions/1161101>.
MLABarry Goldsmith. "primary market" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/primary_market/definitions/1161101>