Primary Market
The primary market pertains to the division of the capital market that handles the initial offering and sale of equity-based securities directly by the issuing entity. This encompasses activities such as initial public offerings (IPOs), private placements, preferred allotments, and rights issuances. In the primary market, fresh securities are generally vended to enterprises, governments, and other entities seeking financing through equity-based or debt-based securities. On the other hand, the secondary market encompasses conventional stock markets like the New York Stock Exchange (NYSE) or NASDAQ.