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secondary market
noun
- the market that exists for an issue after large blocks of shares have been publicly distributed.
Example Sentences
Tickets for the game were selling on the secondary market for upwards of $600.
The asking price on the secondary market for the least-expensive tickets are in the neighborhood of $1,500.
Tickets for that game, as well as for a game on Saturday against the Yomiuri Giants, are being sold on the secondary market for more than $600.
"I hope all those who have been affected by the inflated prices, speculative ticket selling or fallen victim to scams that are prolific within the secondary market will get involved in this consultation," she said.
As Judd Legum at Popular Information reported, Sun is suspected of "fraudulently manipulating the secondary market" for a crypto token through "the simultaneous or near-simultaneous purchase and sale of a security to make it appear actively traded without an actual change in beneficial ownership."
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