Alternative Investment Market

The Alternative Investment Market (usually shortened to “AIM”) is a junior market of the main London Stock Exchange. AIM replaced the Unlisted Securities Market in 1995. It provides an opportunity for smaller companies with growth prospects to raise capital and have their shares traded in a market without the expense of a full market listing.

 

reference: Business Studies / Accounting. Accounts & Finance Glossary. Jim Riley BA(Hons) MBA FCA // tutor2u

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