tiered market

tiered market definition - business

tiered market

A securities market in which investors favor certain groups or types of stock, with the result that the favored securities sell at higher price-earnings ratios than do other securities with similar characteristics. Favored groups tend to rotate as investors' interests and perceptions change.

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.

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