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 market basket assumes a family eats more than 5 pounds of beans a week, for example. Mike Dorning, chicagotribune.com, 3 May 2021 Bitcoins and NFTs are not part of the market basket tracked by the Bureau of Labor Statistics. George Calhoun, Forbes, 21 June 2021 The instrument is an obscure U.S. Department of Agriculture shopping list used to determine food stamp benefits, known as the market basket. Mike Dorning, chicagotribune.com, 3 May 2021 The reappraisal culminates a yearslong campaign by anti-hunger advocates to reassess the market basket. Mike Dorning, chicagotribune.com, 3 May 2021 The open handles are great for transportation—this could even be your go-to farmer’s market basket. Liv Birdsall, USA TODAY, 5 Nov. 2020 The seven-story structure is a replica of the company’s popular medium market basket -- just 160 times as large. Susan Glaser, cleveland, 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, 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, 5 Feb. 2019

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.

See More

First Known Use of market basket

1943, in the meaning defined above

Keep scrolling for more

Learn More About market basket

Time Traveler for market basket

Time Traveler

The first known use of market basket was in 1943

See more words from the same year

Dictionary Entries Near market basket

market analysis

market basket

market bleach

See More Nearby Entries 

Statistics for market basket

Last Updated

14 Aug 2021

Cite this Entry

“Market basket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/market%20basket. Accessed 28 Sep. 2021.

Style: MLA
MLACheck Mark Icon ChicagoCheck Mark Icon APACheck Mark Icon Merriam-WebsterCheck Mark Icon

WORD OF THE DAY

Test Your Vocabulary

Farm Idioms Quiz

  • cow coming home
  • What does 'poke' refer to in the expression 'pig in a poke'?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!