submarket

noun sub·mar·ket \ ˈsəb-ˌmär-kət \
variants: or sub-market

Definition of submarket

plural submarkets or sub-markets
: a portion or subdivision of a market
  • a profitable submarket of the banking industry
  • … is one of several local travel agencies, and several dozen around the country, that belong to a little known sub-market that sells tickets on international flights for … up to 70 percent off the normal cost of a one-way ticket.
  • —Bernie Kohn

First Known Use of submarket

1880

in the meaning defined above

See Words from the same year
NEW! Time Traveler

Seen and Heard

What made you want to look up submarket? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

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

Love words? Need even more definitions?

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