After the initial sale of a security, subsequent sales between investors are carried out in the:

A) stock market.
B) financial market.
C) secondary market.
D) primary market.

Secondary Market

The marketplace for buying and selling previously issued securities or financial instruments, such as stocks and bonds.

Initial Sale

The first time a company's product or service is sold, marking the beginning of its commercial journey.

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.