Concept information
Preferred term
financial markets
Definition
- FINANCIAL MARKETS, in terms of stock exchanges, are devoted to the buying and selling of financial tools called securities. Merchants first created joint-stock companies during the Middle Ages and the Renaissance to spread the risks of sea voyages and explorations carried out to establish trade with foreign markets. [Source: Encyclopedia of World Poverty; Financial Markets]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/financial_markets
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