secondary distribution

secondary distribution definition - finance
The sale of corporate stock, bonds, or other securities that previously have already been issued, either through an initial public offering, in the case of stocks, or a bond offering. This is in contrast with a primary distribution, in which the securities are being sold for the first time.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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