internal market

A “market” created within an organisation to drive exchanges of services and competition that would (theoretically) lower prices. The Thatcher (Conservative) government created an internal market system in the NHS in 1990, which pitted the purchasers (GP fund-holders) against the providers (Trusts), to promote competition between providers.

internal market

Internal market

The mechanisms for issuing and trading securities within a nation, including its domestic market and foreign market. Compare: External market.

Internal Market

The market for, or trade of, any securities for investors in a single country inside the jurisdiction of that country. For example, a British company may issue a bond on the internal market if it issues it within the U.K. and denominates it in the pound sterling. The bond is thereby subject to all normal British securities and trading law. Internal markets contrast with external markets, which are more commonly called euromarkets.

internal market

the creation of a network of divisions within an organization such as a public authority (the National Health Service for example) or a vertically integrated firm (see VERTICAL INTEGRATION), each division standing in a supplying or buying relationship with other divisions. To promote efficiency and cost-effectiveness each division may be required to operate as a PROFIT CENTRE thus imposing the same commercial ‘discipline’ on an organization as if it was dealing with external suppliers and buyers. See PURCHASER-PROVIDER SPLIT.

internal market

see INTERNALIZATION.

单词	internal market
释义	internal market internal market n (Commerce) a system in which goods and services are sold by the provider to a range of purchasers within the same organization, who compete to establish the price of the product internal market internal market A “market” created within an organisation to drive exchanges of services and competition that would (theoretically) lower prices. The Thatcher (Conservative) government created an internal market system in the NHS in 1990, which pitted the purchasers (GP fund-holders) against the providers (Trusts), to promote competition between providers. internal market Internal market The mechanisms for issuing and trading securities within a nation, including its domestic market and foreign market. Compare: External market. Internal Market The market for, or trade of, any securities for investors in a single country inside the jurisdiction of that country. For example, a British company may issue a bond on the internal market if it issues it within the U.K. and denominates it in the pound sterling. The bond is thereby subject to all normal British securities and trading law. Internal markets contrast with external markets, which are more commonly called euromarkets. internal market the creation of a network of divisions within an organization such as a public authority (the National Health Service for example) or a vertically integrated firm (see VERTICAL INTEGRATION), each division standing in a supplying or buying relationship with other divisions. To promote efficiency and cost-effectiveness each division may be required to operate as a PROFIT CENTRE thus imposing the same commercial ‘discipline’ on an organization as if it was dealing with external suppliers and buyers. See PURCHASER-PROVIDER SPLIT. internal market see INTERNALIZATION.
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