📖 generic · 12th TN - English Medium · COMMERCE · Page 36poem

Financial Claim

Chapter 4: 4. Specialisation: · COMMERCE

Financial Claim (i)  Primary Market is a term used to include all the institutions that are involved in the sale of securities for the first time by the issuers (companies). Here the money from investors goes directly to the issuers. (ii)  Secondary Market is the market for securities that are already issued. Stock Exchange is an important institution in the secondary market.

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