Aftermarket

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Definition of the noun Aftermarket

What does Aftermarket mean as a name of something?

noun - plural: aftermarkets

1. [business] The market for goods and services surrounding capital purchases of equipment and of software.
2. [business] The industry that serves that market, eg, in automobiles, computers.
3. [finance] Trading activity in a security immediately following its initial offering to the public.

Explanation

1. Aftermarket: The automotive aftermarket is the secondary market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, after the sale of the automobile by the original equipment manufacturer to the consumer. The parts, accessories, etc. for sale may or may not be manufactured by the OEM.
   • also known as Aftermarket automobilistico, 零部件市场
2. Aftermarket refers to any market where the customers who purchase one product or service are likely to purchase a related, follow-on product The concept of a secondary market for merchandise, is related, but not the same. Where an aftermarket refers to a potential follow-on product sale, a secondary market refers to an availability of products due to their re-sale by the end customer.
   • also known as After-market

Printed dictionaries and other books with definitions for Aftermarket

Click on a title to look inside that book (if available):

Fundamentals of Corporate Finance Standard Edition (2016)

by CTI Reviews

Aftermarket refers to any market where the customers who purchase ...

Essentials of Marketing, A Marketing Strategy Planning Approach (2016)

Business, Marketing by CTI Reviews

Aftermarket refers to any market where the customers who purchase one product or service are likely to purchase a related, followon product. The existence of an aftermarket is often a persuasive argument for manufacturers to stay in direct ...

Introduction to Finance, Markets, Investments, and Financial Management (2016)

by CTI Reviews

Aftermarket refers to any market where the customers who purchase one product or service are likely to purchase a related, followon product. The existence of an aftermarket is often a persuasive argument for manufacturers to stay in direct ...

Concise Encyclopedia of Insurance Terms (2010)

by Lawrence Silver, Robert E Stevens, Kenneth Clow

AFTERMARKET. PARTS. When repairing a vehicle after an accident, repair shops and insurance companies have two types of vendors where replacement parts can be purchased. One source is the original manufacturer of the vehicle, called ...

Dictionary of International Banking and Finance Terms (2001)

by John Owen Edward Clark

The aftermarket may also be the market in components and services arising after a product has been sold. This is also known as the add-on market. The flourishing computer aftermarket is created by enthusiasts who soup up old models in ...

Routledge Dictionary of Economics (2003)

by Donald Rutherford

aftermarket. (310) The tradingin securities immediately after they have beenissued. AG (510) Aktiengesellschaft: a public company of Germany or Switzerland. agecearnings. profile. (850) A graph plottingearnings against age. Such profiles ...

Dictionary of Computer & Information Technology (2014)

by Mrinal Talukdar

IT aftermarket (tech secondary market) The IT aftermarket (also called the tech secondary market) is an industry segment of tech resellers and active consumers that are buying and selling IT equipment outside of the channel endorsed by ...

Encyclopedia of Transportation (2014)

Social Science and Policy by Mark Garrett

Aftermarket cameras, that is, cameras that did not originally come with ...

Encyclopedia of Finance (2006)

by Cheng-Few Lee

Underpricing Underpricing represents the difference between the aftermarket stock price and the offering price. Underpricing represents money left on the table , or money the firm could have received had the offer price better approximated the ...

Encyclopedia of Microcomputers (1989)

Volume 4 - Computer-Related Applications: Computational Linguistics to dBase by Allen Kent, James G. Williams

dBASE ADD-ONS/COMPETITION The success of dBASE has spurred on an aftermarket of dBASE products, many of which are applications written in dBASE's command language. An example of such an application is Database Accounting ...

Dictionary of Finance and Investment Terms (2010)

by John Downes, Jordan Elliot Goodman

AFTERMARKET 18 earnings or a takeover at a particular company. The stock price may therefore soar or plummet from the level at which it closed during regular trading hours. Some brokerage firms specialize in making over- the- counter ...

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Aftermarket Meaning

Video shows what aftermarket means. The market for goods and services surrounding capital purchases of equipment and of software.. The industry that serves ...

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Scrabble value of A₁F₄T₁E₁R₁M₃A₁R₁K₅E₁T₁

The value of this 11-letter word is 20 points, but it's not an accepted word in the Official Scrabble Players Dictionary.

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