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

Permanently funding these cost sharing reductions ends that practice, stabilizes the market, and lowers marketplace premiums by more than 11 percent. —Jay Obernolte, Oc Register, 24 Dec. 2025

Walmart uses its website and marketplace to play in trending areas like K-beauty, to assess what an in-store strategy at scale should (or shouldn’t) consist of. —Jenny B. Fine, Footwear News, 23 Dec. 2025

Unlike most marketplaces, Collected doesn’t make money by charging dealers a percentage of each transaction. —Victoria Gomelsky, Robb Report, 22 Dec. 2025

If mortgage lending companies implement agentic AI across the organization — to become truly agentic enterprises — the industry could become one of the most effective AI use cases in the marketplace today. —Geoff Green, Fortune, 22 Dec. 2025

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