submarket

noun

sub·​mar·​ket ˈsəb-ˌmär-kət How to pronounce submarket (audio)
variants or sub-market
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

Word History

First Known Use

1880, in the meaning defined above

Time Traveler
The first known use of submarket was in 1880

Dictionary Entries Near submarket

Cite this Entry

“Submarket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/submarket. Accessed 29 Nov. 2022.

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