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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]

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URI

https://concepts.sagepub.com/social-science/concept/financial_markets

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