Recent Examples of market price from the Web
The incident led then-Prime Minister John Howard to tighten laws around access to firearms, particularly rifles and shotguns, and the government introduced a buyback, where owners were compensated for their weapons at market prices.
There's a lot of value for season ticket members and their prices are significantly lower than individual and secondary market prices.
Brighton striker Tomer Hemed has reportedly become a target for Chinese outfit Shanghai Shenhua - the Israeli's market price sitting at a perfect amount for the side to afford.
When state power generators complained of higher coal prices as a result of the production cuts, the government allowed more production days and asked state companies to sell coal below market prices.
On average, our fares will be lower than theirs or bring down the market price.
This is the market price the owners are willing to enter into.
When calculating the Dow, one adds up the market price for each of the stocks in the index, and then divides by the number of stocks included in the index.
The 11 plants delivered 6 million bags of fertilizer at 30 percent below market prices, halting government subsidies, the information ministry said last month.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'market price.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of market price
Financial Definition of MARKET PRICE
What It Is
Market price is the price of an asset or product as determined by supply and demand.
How It Works
In the broadest sense, an item's market price lies at the point of intersection between the available supply of the good or service and market demand for it. Any shift in the supply or demand affects an item's market price. If demand is held constant, a decline in supply results in a rise in its market price and vice versa. Likewise, if supply is held constant, a rise in the demand for an item results in a rise in its market price and vice versa.
Why It Matters
The market price is the price at which a good or service is bought and sold most efficiently. However, in the real world, there is a great deal of enthusiasm for policies that impact market prices. Rent control laws in New York City, production quotas adopted by OPEC nations and trade barriers enacted by national governments are all example of policies that affect market prices in the real world.
MARKET PRICE Defined for English Language Learners
Definition of market price for English Language Learners
: the price at which a product can be sold at a particular time
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