股權資本市場是依法享有經營股權投資的資本市場,企業或個人購買其他企業(準備上市,未上市公司)的股票或以貨幣資金,無形資產和其他實物資產直接投資於其他單位,最終目的是為了獲得較大的經濟利益,股權資本亦稱自由資本或權益資本,是企業依法取得並長期擁有,自由調配運用的資本.
An Equity Capital Market (ECM) is a market between ‘companies and financial institutions’ that is aimed at earning money for the company. The major types of equity capital are unlisted equity, listed equity and hybrids. Equity capital market practices traditionally advice on a full range of equity, debt equity-linked, hybrid, asset-backed, credit-linked and derivative products that are offered in capital markets.