Definition
When a company goes public, they list their shares on the primary market where institutional investors, like hedge funds, investment banks and venture capitalists can buy them during the IPO period. After it’s public, anyone can buy and sell shares through a secondary market, known as a share market or stock exchange, such as the Nasdaq or the NYSE.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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