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From Longman Business Dictionarysecond-tierˌsecond-ˈtier (also second-line, second-section) adjectiveFINANCE1second-tier shares/bonds etc shares, bonds etc in companies that are not considered to be the biggest or most importantSince October, second-tier securities have exhibited some upward movement.2second-tier company/firm a company that is not considered to be one of the biggest or most importantMany second-tier companies are expected to gain as a result of the higher dollar.Portugal’s stock exchanges openedsecond-tier markets to provide financing for small and medium-sized companies. compare blue chip, first-tier
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