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Preferred term

global capital market  

Definition

  • Throughout the early modern period, as communications increased in speed and effectiveness, there were attempts to make larger capital markets, with the end goal being the creation of a global capital market where money can be raised internationally, allowing for greater access by all companies to the same pool of capital regardless of where the company is located, and also free of legislative and other restrictions that apply in some parts of the world. Historically, the raising of capital involved transactions conducted between governments and private individuals. [Source: Encyclopedia of Business in Today's World; Global Capital Market]

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

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