What does "primary market" mean?

The part of the financial markets that deals with the issuance of new securities.

What is a synonym for "primary market"?

Common synonyms include: stock market.

noun

noun ·Rare ·Advanced level

Noun

1
The part of the financial markets that deals with the issuance of new securities.
2
Works of art directly bought from the artist.
"The primary market is art directly from the artist, offered for sale for the first time."

"The primary market is art directly from the artist, offered for sale for the first time."