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Preferred term

wholesale capital markets  

Definition

  • Wholesale capital markets are international exchanges, formal and informal, where banks, nonbank financial intermediaries, and other large institutions such as multinational corporations borrow from and lend funds to one another; also referred to as wholesale credit and wholesale funds markets and distinguished from retail capital markets where individuals and small entities transact a similar but much more fragmented trade, largely through financial intermediaries. There are two major ways in which entities of any size raise capital: debt or equity. [Source: Encyclopedia of Business in Today's World; Wholesale Capital Markets]

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

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