The market where long term securities (shares, bonds, etc. are bought and sold is called as
A
money market
B
capital market
C
primary market
D
secondary market
Correct Answer: secondary market
The market where long term securities (shares, bonds, etc. are bought and sold is called as secondary market. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the "stock market," though stocks are also sold on the primary market when they are first issued.