Create a list of definitions for the following terms and identify their roles in finance.  Finance, Efficient market, Primary market, Secondary market, Risk, Security and  Stock.

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Finance: Money management and investment, usually by professionals.

Efficient market: Market in which the price of the securities reflects all information available.

Primary market: Market where stocks and other new securities are issued for the first time.

Second Market: A market where previously issued financial instruments are traded. This includes buying, selling and exchanging securities between investors.

A risk is the potential of loss or damage that can result from an activity or investment.

Securities: Assets that have value and are convertible into cash, such as stocks, bonds mutual funds commodities etc.

Stock: Part ownership of a company represented by shares that have been bought on the stock exchange; these entitle holders to dividends if declared and voting rights at shareholders’ meetings.