The
capital market is the
market for
long-term loans and
equity capital.
Companies and the
government can raise
funds for
long-term investments via the
capital market. The
capital market includes the
stock market, the
bond market[?], and the
primary market.
Securities trading on organized
capital markets is monitored by the government; new issues are approved by authorities of
financial supervision and monitored by participating
banks. Thus, organized
capital markets are able to guarantee sound
investment opportunities.
See also: Financial market
