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secondary distribution Finance Definition
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.
secondary distribution Law Definition

n

An organized offering of a block of stock by a large share holder of a stock that has already been issued, typically by corporate founders or major investors.