- primary
- primary pri‧ma‧ry [ˈpraɪmri ǁ -meri] adjective1. main or most important:
• Its primary business is developing and marketing new software.
• The primary problem for the airlines is the recession.
• It uses coal as its primary source of fuel.
2. FINANCE relating to shares, bonds etc when they are Issued (= sold for the first time), and the markets where they are sold, rather than shares etc that are traded later:• the primary bond market
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primary UK US /ˈpraɪməri/ US /ˈpraɪmeri/ adjective► more important than anything else: primary concern/consideration/focus »When oil prices started to rise sharply, the primary concern of financial markets was the possibility of inflation.
»Newspapers have been the primary source of news for many people for many years.
»The CEO has primary responsibility for making day-to-day investment decisions for each fund.
»primary goal/objective/purpose
► FINANCE, STOCK MARKET used to describe shares, bonds, etc. at the time they are first made available, rather than when they are traded later: »A combination of factors point to a rise in primary trading that will provide lucrative opportunities for new bond dealers.
Financial and business terms. 2012.