初级市场的中文解释

就证券而言，初级市场是指买家直接从发行者买入证券的市场，是证券新发行的市场，之后证券在二级市场买卖流通。

Primary Markets的英文解释

Primary markets are markets where new issues of securities take place. Any subsequent resale or purchase of such securities is handled on the secondary market.