Tooltip Categories: Economics & Finance

secondary market

A market in which an investor purchases a security from another investor rather than the issuer, subsequent to the original issuance in the primary market.

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secondary sector

Includes those economic sectors that create a finished, tangible product: production and construction. (source: https://en.wikipedia.org/wiki/Secondary_sector_of_the_economy)

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secured personal loan

A secured personal loan is one that is secured by an asset. Often the asset will be the item which the loan is used to

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second hand

Previously owned or used. (source: www.wordreference.com/es/translation.asp?tranword=second-hand‎)

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second mortgage

A type of mortgage made while an original mortgage is still in effect. In the event of default, the original mortgage would receive all proceeds

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scrip dividend

The issue of a certificate entitling the holder to acquire shares in a company; frequently used in connection with bonus issues, such scrip has in

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scale

A graduated range of values forming a standard system for measuring or grading something. (source: http://oxforddictionaries.com/definition/english/scale–3)

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seal of quality

Mark that proves a standard related to quality management systems and designed to help organizations ensure that they meet the needs of customers and other

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