marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

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

Synonyms of marketplace

• commerce
• trade
• traffic

Examples of marketplace in a Sentence

Their products must compete in the marketplace.

The company has struggled to survive in a rapidly changing marketplace.

Recent Examples on the Web

ChatGPT is the most popular chatbot in the world, commanding nearly half the American marketplace, states said in their lawsuits. — Marc Levy, Fortune, 17 Oct. 2026

Days ago, the chief content officer at the streaming giant was in Cannes receiving an honor while the MIPCOM marketplace was in full swing, before turning to unveil a major World Cup media rights deal a day later. — Mia Galuppo, HollywoodReporter, 16 Oct. 2026

The 21 states fully running their own marketplaces generally have more robust fraud prevention programs, such as multifactor authentication, and have reported few or none of the kinds of unauthorized sign-ups plaguing the federal marketplace. — Julie Appleby, Miami Herald, 16 Oct. 2026

Monthly premiums will spike by up to 29% for Georgians who purchase their health insurance plans from the state’s Affordable Care Act marketplace, according to state data obtained by The Atlanta Journal-Constitution. — Tamar Hallerman, AJC.com, 16 Oct. 2026

Word History

First Known Use

14th century, in the meaning defined at sense 1a

Rhymes for marketplace

• aerospace
• anatase
• anyplace
• commonplace
• cyberspace
• database
• diabase
• diastase
• dnase
• elastase
• fireplace
• hyperspace

Kids Definition

marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

1

: an open square or place in a town where markets are held

2

: the world of trade

Legal Definition

marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

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