secondary market

plural secondary markets

1. businessThe financial market for trading of securities that have already been issued in an initial private or public offering.

   Although 4.1 million tickets were sold for the 2023 shows—including over 2 million on the first day, a new record—scalpers jacked up prices on the secondary market to more than $22,000.

   2023 December 6, Sam Lansky, “Person of Year 2023 : Taylor Swift”, in Time, archived from the original on 06 Dec 2023

2. artThe market for works of art that have been sold before.

   He dealt in the “secondary” market—reselling pieces that have been sold before—to individual collectors and investors who grouped together for high-value works.

   2024 April 17, Charlotte Edwardes, “‘The money is not real – it’s a feckless level of wealth’: the inside story of the biggest art fraud in American history”, in The Guardian, →ISSN

   1 more example

   The primary market is art directly from the artist, offered for sale for the first time. The secondary market is resale: buying, selling and trading among collectors, dealers and museums.

   2010, Don Thompson, The $12 Million Stuffed Shark, Aurum Press Limited, →ISBN