A
Secondary Market
Market where previous issued securities are traded
Money Market
Short-term debt market (CDs, T-bills, CPs, BAs)
Risk Premium
Additional reward (return) you get for bearing risk
Private placement
Securities are issued (sold) to specific investors usually institutions such as VCs (not to public), privately
Initial Public Offerings (IPO)
A firm issues securities for the first time
Public offerings
Securities are issued (sold) to general public such as individual investors, institutional investors
Capital Market
Market for long-term securities
Futures Market
Market for buying and selling at some future date
Spot Market
Cash market
Seasoned Equity Offerings (SEO)
Real return
Primary Market
A market in which new securities are traded