single market

noun

economics
: a group of countries that have an agreement which allows goods to be moved, bought, or sold between them very easily
the European Union's single market

Examples of single market in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Economists said the reset with the UK's biggest trading partner could have a larger impact on its sluggish economy than recent deals with India and the U.S., but its refusal to rejoin the EU's single market or customs union will limit that. Kate Holton, USA Today, 20 May 2025 Worried about a potential backlash among Brexit hard-liners, Mr. Starmer had already ruled out joining the E.U.’s single market or customs union — two measures that would have boosted economic growth. Stephen Castle, New York Times, 19 May 2025 Starmer has stressed that the U.K. will not rejoin the EU's frictionless single market and customs union, nor agree to the free movement of people between the U.K. and the EU. Danielle Wallace, FOXNews.com, 19 May 2025 Sixty-two percent of EU trade occurs among member states in the single market, and another 13 percent with European countries that are nonmembers. Arancha González Laya, Foreign Affairs, 12 May 2025 See All Example Sentences for single market

Browse Nearby Words

Cite this Entry

“Single market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/single%20market. Accessed 22 Aug. 2025.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

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