Aftermarket

Business, Legal & Accounting Glossary

Definition: Aftermarket


Aftermarket

Quick Summary of Aftermarket


The sale of goods, services or securities by another company after the original manufacture or original issue.




What is the dictionary definition of Aftermarket?

Dictionary Definition


  1. The market for goods and services surrounding capital purchases of equipment and of software.
  2. The industry that serves that market, eg, in automobiles, computers.
  3. Trading activity in a security immediately following its initial offering to the public.

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.


Full Definition of Aftermarket


The aftermarket, also called the secondary market, is the market in which securities which have already been issued are traded. Initial public offerings (IPOs) or private offerings of securities are referred to as primary market offerings, but once those securities are traded a second time they become part of the aftermarket. In the aftermarket, an investor purchases a security from another investor rather than from the original issuer. The stock markets themselves are examples of the aftermarket for securities and the vast majority of stockbrokers make their living dealing almost exclusively in aftermarket transactions. In the securities aftermarket, equities are sold to speculators and investors and it is important that the aftermarket be both transparent as well as liquid. Stocks, bonds and other aftermarket securities are regulated by stock exchanges and other regulatory agencies. In a broader sense, the aftermarket refers to the sale of any used item or new parts not manufactured by the original maker.


Synonyms For Aftermarket


secondary market


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May 18, 2024 https://payrollheaven.com/define/aftermarket/.
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Aftermarket. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/aftermarket/ (accessed: May 18, 2024).
American Psychological Association (APA):
Aftermarket. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/aftermarket/

Definition Sources


Definitions for Aftermarket are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 29th October, 2021 | 0 Views.