second-tier market

second-tier market
A market for investors to buy and sell shares in new and developing companies. Companies have access to new sources of finance and do not have to follow the complex rules that the main market requires. The Alternative Investment Market of the London Stock Exchange is an example of a second-tier market.

Accounting dictionary. 2014.

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  • second-tier market — A market for investors to buy and sell shares in new and developing companies. Companies have access to new sources of finance and do not have to follow the complex rules that the main market requires. The Alternative Investment Market of the… …   Big dictionary of business and management

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  • Alternative Investment Market — AIM A subsidiary market of the London Stock Exchange that became the successor to the Unlisted Securities Market in 1995. It provides an opportunity for smaller companies with growth prospects to raise capital and have their shares traded in a… …   Accounting dictionary

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