primary shares(redirected from Primary Stocks)
Shares traded in the primary market. That is, a primary share is a share traded when the seller is the issuer. Thus, the money the buyer pays for a primary share goes directly to the company the share represents.
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Shares in a stock offering in which proceeds go to the issuing company. Primary shares have not been previously traded and are not included in shares outstanding prior to the offering. Compare secondary shares.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.