Simple English definitions for legal terms
Read a random definition: act of the law
A financial market is a place where people buy and sell things like stocks, bonds, and currencies. It can also refer to the people who buy and sell these things.
For example, the New York Stock Exchange is a financial market where people buy and sell stocks. The foreign-exchange market is a financial market where people buy and sell different currencies.
Financial markets are important because they help companies raise money and allow people to invest their money. They also help determine the prices of things like stocks and currencies.