principal market

principal market definition - business

principal market

The main market in which a security trades. The principal market for the common stock of most large corporations in the United States is the New York Stock Exchange, even though most of this stock also trades on one or more other exchanges and in the over-the-counter market. See also consolidated tape.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.