Definition
A corporate sequel nobody asked for: when a publicly traded company issues fresh stock to existing shareholders or the public. It's like a director's cut, but for your portfolio, and it might dilute your investment.
Example Usage
The tech company announced a secondary offering that could raise $500 million in new capital.
Source: Investment and securities terminology
Related Terms
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See “secondary” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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