One of the mysteries of the English language finally explained.
A market for selling shares not dealt with on the normal stock exchange, or for dealing after hours.
- ‘The street was the headquarters of one of the most vibrant and dynamic kerb markets in the world and provided a virtual floor after the close of official trading hours for several decades.’
- ‘Judging from some of the non-performing loans of China's banking system, I think a huge increase in the kerb market represents a huge financial risk, and a possible source of social instability.’
- ‘On the other hand, in the kerb market the dollar rose by 2 paisa in both buying and selling.’
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