marketplace


mar·ket·place

noun \ˈmär-kət-ˌplās\

: the economic system through which different companies compete with each other to sell their products

: a place in a town where markets are held

Full Definition of MARKETPLACE

1
a :  an open square or place in a town where markets or public sales are held
b :  market <the marketplace is the interpreter of supply and demand>
2
:  the world of trade or economic activity :  the everyday world
3
:  a sphere in which intangible values compete for acceptance <the marketplace of ideas>

Examples of MARKETPLACE

  1. Their products must compete in the marketplace.
  2. The company has struggled to survive in a rapidly changing marketplace.

First Known Use of MARKETPLACE

14th century

Browse

Next Word in the Dictionary: market price
Previous Word in the Dictionary: market order
All Words Near: marketplace

Seen & Heard

What made you want to look up marketplace? Please tell us where you read or heard it (including the quote, if possible).

Get Our Free Apps
Voice Search, Favorites,
Word of the Day, and More
Join Us on FB & Twitter
Get the Word of the Day and More