1

market

play
noun, often attributive mar·ket \ ˈmär-kət \
Updated on: 26 Jul 2017

Definition of market

1 a (1) :a meeting together of people for the purpose of trade by private purchase and sale and usually not by auction
(2) :the people assembled at such a meeting
b (1) :a public place where a market is held; especially :a place where provisions are sold at wholesale
  • a farmers' market
(2) :a retail establishment usually of a specified kind
  • a fish market
2 archaic :the act or an instance of buying and selling
3 :the rate or price offered for a commodity or security
4 a (1) :a geographic area of demand for commodities or services
  • sell in the southern market
(2) :a specified category of potential buyers
  • the youth market
b :the course of commercial activity by which the exchange of commodities is effected :extent of demand
  • the market is dull
c (1) :an opportunity for selling
  • a good market for used cars
(2) :the available supply of or potential demand for specified goods or services
  • the labor market
d :the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices
  • producing goods for market rather than for consumption
in the market
:in the position of being a potential buyer
  • in the market for a house
on the market
:available for purchase; also :up for sale
  • put their house on the market

Examples of market in a Sentence

  1. I stopped at the market on the way home for some juice.

  2. They are trying to develop foreign markets for American cotton.

  3. The company sells mainly to the Southern market.

  4. New markets are opening up all over the world.

  5. Advertisers are trying to appeal to the youth market.

  6. targeting a more mature market

  7. a reference work for the educational market

Recent Examples of market from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of market

Middle English, probably from Continental Germanic; akin to Old Saxon markat marketplace, Old High German marcāt, both ultimately from Latin mercatus trade, marketplace, from mercari to trade, from merc-, merx merchandise

market Synonyms


2

market

verb

Definition of market

transitive verb
1 :to expose for sale in a market
2 :sell
intransitive verb
:to deal in a market

Examples of market in a Sentence

  1. The company has spent millions marketing the latest version of its software.

  2. These products are being aggressively marketed to teenagers through television ads.

  3. He markets his wares at craft shows.

Recent Examples of market from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'market.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of market


Financial Definition of MARKET

market

What It Is

A market is a location where buyers and sellers meet to exchange goods and services at prices determined by the forces of supply and demand.

How It Works

A market may be a physical location or a virtual one over a network (for example, the internet). Here, people who have a specific good or service (the supply) they want to sell interact with people who wish to buy it (the demand).

Prices in a market are determined by changes in supply and demand. If market demand is steady, an increase in market supply results in a decline in market prices and vice versa. If market supply is steady, a rise in demand results in a rise in market prices and vice versa. These relationships are demonstrated in the following graphs:


Producers advertise goods and services to consumers in a market in order to generate demand. Also, the term "market" is closely associated with financial assets and securities prices (for example, the stock market or the bond market).

Why It Matters

A market facilitates transactions between buyers and sellers (financial markets) and producers and consumers (consumer goods and services market). Markets experience fluctuations and price shifts resulting from changes in supply and demand. These changes result from fluctuations in many variables including, but not limited to, consumer preferences and perceptions, the availability of materials, and external sociopolitical events (for example, wars, government spending, and unemployment).


MARKET Defined for English Language Learners

market

play
noun

Definition of market for English Language Learners

  • : a place where products are bought and sold

  • : a store where foods and often household items are sold

  • : an area (such as a country or part of a country) where a product or service can be sold


market

verb

Definition of market for English Language Learners

  • : to do things that cause people to know about and want to buy (something)

  • : to offer (something) for sale in a market


MARKET Defined for Kids

1

market

play
noun mar·ket \ ˈmär-kət \

Definition of market for Students

1 :a public place where people gather to buy and sell things
2 :a store where foods are sold to the public
  • a meat market
3 :a region in which something can be sold
  • markets for American cotton
4 :an opportunity for selling something
  • There's no market for snowplows in Florida.

2

market

verb

Definition of market for Students

marketed; marketing
:to sell or promote the sale of
  • The shop markets local vegetables.

Law Dictionary

market

noun mar·ket

legal Definition of market

1 :the rate or price at which a security or commodity is currently selling :market price
2 a :a geographical area of demand for commodities or services
  • seeking new foreign markets
b :a formal organized system enabling the transaction of business between buyers and sellers of commodities
  • a futures market
— see also stock market
c :a specified category of potential buyers
  • the youth market
3 a :the course of commercial activity by which the exchange of commodities is accomplished
  • the market is quiet
b :an opportunity for selling
  • developing new markets
c :the available supply of or potential demand for specified goods or services
  • the labor market
  • the market for durable goods
d :the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices


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