secondary

secondary
secondary \ \ \deleted sense 3 - so little evidence - old-fashioned? \\ sec‧ond‧a‧ry [ˈsekəndri ǁ -deri] adjective
1. secondary shares/​bonds etc FINANCE shares, stocks etc in companies that are not considered to be the biggest or most important; = SECOND-TIER:

• The market for secondary corporate issues was quiet yesterday.

2. secondary industry/​product COMMERCE an industry or product that has developed from another industry and uses materials from that larger industry:

• Secondary industries turn products from farming into more useful forms, eg wool into cloth.

3. secondary market/​trading etc FINANCE trading of shares, bonds etc that have already been Issued (= made available and sold for the first time), and which are now available on the market for other investors to buy and sell:

• The primary market has been out-performing the secondary market in terms of value over the past four years.

• the 300,000 shares in the secondary offering

* * *

secondary UK US /ˈsekəndəri/ adjective
► less important than related things: »

a secondary consideration/factor/objective

 »

Annual reported earnings are often seen as being of only secondary importance.

► PRODUCTION developed from something similar that existed earlier: »

They are the single largest provider of aluminium and its secondary products.

► FINANCE, STOCK MARKET used to describe the trading of existing bonds, shares, etc. rather than new ones: »

Mortgage securities were mixed in secondary trading.

→ Compare PRIMARY(Cf. ↑primary)

Financial and business terms. 2012.

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Look at other dictionaries:

  • Secondary — Sec ond*a*ry, a. [Cf. F. secondaire, L. secundaire. See {Second}, a.] 1. Succeeding next in order to the first; of second place, origin, rank, etc.; not primary; subordinate; not of the first order or rate. [1913 Webster] Wheresoever there is… …   The Collaborative International Dictionary of English

  • Secondary — is an adjective meaning second or second hand . It may refer to: * Secondary education * A secondary consumer in an ecological sense * Secondary dominant, in music * Secondary, in American football and Canadian football, the group of (usually at… …   Wikipedia

  • secondary — sec·ond·ary / se kən ˌder ē/ adj 1: of second rank, status, importance, or value 2: derived from something original or primary 3: of, relating to, or being the second order or stage in a series sec·ond·ar·i·ly /ˌse kən der ə lē/ adv se …   Law dictionary

  • secondary — [sek′ən der΄ē] adj. [ME secundary < L secundarius] 1. second, or below the first, in rank, importance, class, place, etc.; subordinate; minor; not primary 2. a) derived or resulting from something considered primary or original; dependent;… …   English World dictionary

  • Secondary — Sec ond*a*ry, n.; pl. {Secondaries}. 1. One who occupies a subordinate, inferior, or auxiliary place; a delegate or deputy; one who is second or next to the chief officer; as, the secondary, or undersheriff of the city of London. [1913 Webster]… …   The Collaborative International Dictionary of English

  • secondary — (adj.) late 14c., from L. secundarius pertaining to the second class, inferior, from secundus (see SECOND (Cf. second) (adj.)). Of colors, from 1831; of education, from 1809. Secondary succession attested from 1905 …   Etymology dictionary

  • secondary — [adj1] subordinate; less important accessory, alternate, auxiliary, backup, bushleague*, collateral, consequential, contingent, dependent, dinky*, extra, inconsiderable, inferior, insignificant, lesser, lower, minor, minor league*, petty, relief …   New thesaurus

  • secondary — adj *subordinate, dependent, subject, tributary, collateral Analogous words: *auxiliary, accessory, subservient, subsidiary, contributory: incidental, *accidental, adventitious Antonyms: primary …   New Dictionary of Synonyms

  • secondary — A second mail sorting operation that separates mail into finer levels. (Compare with primary and tertiary) …   Glossary of postal terms

  • secondary — ► ADJECTIVE 1) coming after, less important than, or resulting from something primary. 2) relating to education for children from the age of eleven to sixteen or eighteen. DERIVATIVES secondarily adverb …   English terms dictionary

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