An organized market where securities such as stocks, bonds, or other financial instruments are traded.
example
Die Nachrichten über die Zinserhöhung ließen die Kurse an der Börse einbrechen.
The news about the interest rate hike caused prices on the stock exchange to collapse.
Usage tips
Context clues
The meaning of 'Börse' becomes clear from the context. If it is about stocks, prices, and finance, the stock market is meant. In connection with topics such as jobs or travel, it refers to a specialized market or fair. If older people talk about small change, they mean a purse or wallet.
EXAMPLE
Die Kurse an der Frankfurter Börse sind heute gefallen.
Prices on the Frankfurt Stock Exchange fell today.
Fixed preposition
When talking about the stock market, the preposition 'an' is almost always used. You trade 'an der Börse' (on the stock exchange), and a company is 'an der Börse notiert' (listed on the stock exchange).
EXAMPLE
Er hat sein ganzes Geld an der Börse verloren.
He lost all his money on the stock exchange.
Compound formation
In the meaning 'spezieller Markt' (specialized market), 'Börse' is often used as the second part of a compound noun. Examples are 'Jobbörse' (job board/job fair), 'Tauschbörse' (exchange platform), 'Wohnungsbörse' (housing platform), or 'Kleiderbörse' (clothing exchange).
EXAMPLE
In der Online-Tauschbörse kann man gebrauchte Bücher finden.
You can find used books on the online exchange platform.
Register and style
The meaning 'Geldbeutel' (purse/wallet) or 'Portemonnaie' (wallet) is rare today. It is more likely to be used by older people or in certain regions and sounds somewhat old-fashioned.
EXAMPLE
Er zog ein paar Münzen aus seiner Börse.
He pulled a few coins out of his purse.
Compare with
confusable
Börse vs Markt
market
'der Markt' and 'die Börse' can both be places or systems where something is traded. However, 'Markt' is much more general: it can be about food, apartments, cars, or an entire industry. 'Börse' is used especially for trading stocks and other financial products. There are also words like 'Jobbörse' (job board) or 'Tauschbörse' (exchange platform) when offers are collected and matched. Learners may confuse the words because a 'Börse' is also a kind of market. In practice: for stocks and securities, you say 'Börse'; for other economic areas, usually 'Markt'.
Börse
Nach der Nachricht sind die Aktien an der Börse stark gefallen.
After the news, stocks fell sharply on the stock exchange.
Markt
Der Markt für Elektroautos wächst in vielen Ländern sehr schnell.
The market for electric cars is growing very quickly in many countries.