 |
After market definitionQuestion What is the definition of "after market"?
Answer After market, or aftermarket, is products and services that are provided for sale to be applied to equipment after the original sale. The term is also applied to the parts or services themselves. There is, for example, a very large industry dedicated to the manufacture and supply of aftermarket parts and accessories to the automotive industry after the sale by automotive manufacturers, and could be for both customizing or for maintenance.
In a financial context, after market refers to stock trading that occurs after the initial public offering (IPO). 
Brain Trust contributor:
Author of Instant Profits: Making Your Business Pay
Related Categories: Business Structure, Customer Care, Marketing, Branding, Advertising, Outsourcing, Quality Process, Selling
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz |
    AskJim ID: 3400
|
 |
|
|
Small business answers — NOW!
Ask your business question:
|
©Copyright 2008 Small Business Network, Inc.