internal market


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Internal market

The mechanisms for issuing and trading securities within a nation, including its domestic market and foreign market. Compare: External market.

Internal Market

The market for, or trade of, any securities for investors in a single country inside the jurisdiction of that country. For example, a British company may issue a bond on the internal market if it issues it within the U.K. and denominates it in the pound sterling. The bond is thereby subject to all normal British securities and trading law. Internal markets contrast with external markets, which are more commonly called euromarkets.

internal market

the creation of a network of divisions within an organization such as a public authority (the National Health Service for example) or a vertically integrated firm (see VERTICAL INTEGRATION), each division standing in a supplying or buying relationship with other divisions. To promote efficiency and cost-effectiveness each division may be required to operate as a PROFIT CENTRE thus imposing the same commercial ‘discipline’ on an organization as if it was dealing with external suppliers and buyers. See PURCHASER-PROVIDER SPLIT.

internal market

see INTERNALIZATION.
References in periodicals archive ?
Transparency is a cornerstone for achieving an internal market in road transport.
By making it easier for services providers to work across the EU, we generate new job opportunities, greater choice and lower prices for consumers," Commissioner for Internal Market Elzbieta Bienkowska said.
This justifies the need to study and practice internal marketing and internal market orientation.
We have made a major impact for consumers and lifted internal market issues to the top of the political agenda.
Last year, Wales abolished its internal market and is now taking steps to move services 'back in house'.
In European Union Internal Market Law, Gareth Davies describes the basic workings of this legal regime and discusses many of the emerging legal and political controversies.
In attendance, the rapporteur on the internal market for gas, Romano Maria La Russa (UEN, Italy) wants greater assessment of the "third" option as an alternative to full ownership unbundling or ISO.
Mr Blair insisted: "The notion that this change in any shape or form changes the way the internal market works is wrong.
The answer is in EC Directive 97/67 on Common rules for the Development of the Internal Market in Community Postal Services.
In their paper "Reform of Corporate Governance in the EU," they argue that the Commission missed an opportunity to set a European corporate governance code in the mid-1990s, and that most of the latest spate of proposals--with Bolkestein as Internal Market Commissioner--"are simply reactions to recent fallouts and new legislation in the United States.
The internal market has so far delivered little to the eight out of ten workers engaged in service industries in the UK, it is claimed.
Six months ago was the tenth anniversary of the Internal Market in the EU.

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