The securities market is a crucial part of the financial system, providing a platform for companies and governments to raise capital through the sale of securities. There are various synonyms for this term, such as the stock market, financial market, or capital market. The stock market is often used interchangeably with the securities market, as it is the most commonly known and discussed segment of the securities market, representing the trading of equities or stocks. The financial market encompasses trading in various instruments such as bonds, currencies, commodities, and derivatives. Lastly, the capital market refers to the system for raising long-term funds for investment purposes, which includes both equity and debt financing.