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The Security Markets

Author: Sophia Media
Video Transcript
Terms to Know
Auction Market

An exchange where goods and services are offered up for bid, bids are taken, and then sold to the highest bidder.

Broker Market

An exchange where a broker brings buyers and sellers together.

Dealer Market

An exchange where institutions are assigned to a particular security and trade out of their own account.

Initial Public Offering (IPO)

A public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time.

Private Placement

A funding round of securities which are sold through a private offering, mostly to a small number of chosen investors.

Secondary Market Offerings

A registered offering of a large block of a security that has been previously issued to the public.

Stock Repurchase

Reacquisition by a company of its own stock.

Underwriter

An entity which markets newly issued securities.