market basket

noun

Definition of market basket

: a variety of consumer goods and services used to calculate a consumer price index

Examples of market basket in a Sentence

Recent Examples on the Web The seven-story structure is a replica of the company’s popular medium market basket -- just 160 times as large. Susan Glaser, cleveland, "Longaberger’s Big Basket building open for tours Sunday, in fundraiser for Heritage Ohio," 17 Oct. 2019 Italy was a markets basket case not that long ago, but the country’s 10-year government bonds were the biggest beneficiary of Draghi’s largess, with yields falling 11 basis points to 0.86%. Marcus Ashworth | Bloomberg, Washington Post, "Draghi Throws Everything But the Kitchen Sink at Europe’s Problems," 13 Sep. 2019 Index compilers FTSE Russell and MSCI Inc. are set to include Saudi Arabia’s stock market—the biggest in the Arab world—in their emerging-market baskets, a move that will result in billions of dollars in investments from international... Rory Jones, WSJ, "Saudi Stocks Soar Ahead of Reclassification," 5 Feb. 2019 Instead, candidates receive a market basket full of ingredients and must design a menu using all of those ingredients that reflects their personal cooking style. Mark Kurlyandchik, Detroit Free Press, "Schoolcraft College top chef Shawn Loving confronts the ultimate test," 16 Oct. 2017

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

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First Known Use of market basket

1943, in the meaning defined above

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The first known use of market basket was in 1943

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Cite this Entry

“Market basket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20basket. Accessed 22 Sep. 2020.

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