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Secondary market

A secondary market enables an existing holder to sell a security or fund interest to another buyer rather than buying newly issued securities from the company.

Accurate as of Aug 24, 2026

LiquidityMarkets

Superscout maintains this definition in its canonical glossary record and shows uncertainty when meaning varies by context.

Sources and known limits

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Usage can vary across firms, programs, and jurisdictions; this definition describes the venture-scouting context.