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primary banking system
primary care
primary cell
primary coil
primary color
primary consumer
primary election
primary feather
primary market
primary planet
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primary market
pri·mar·y mar·ket (plural pri·mar·y mar·kets)


noun 
Definition:
 
first buying opportunity for new security: the first opportunity that investors have to buy a newly issued security. After the first purchases, subsequent trading is in the secondary market.
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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