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

• business
• 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

The ad exchange is the world's largest marketplace for bidding on advertising space. —Ryan Whitwam, ArsTechnica, 2 May 2025

In avoiding pricey sports programming, the service positioned itself similarly to Philo TV, which has cracked the 1 million subscriber mark after a longer run in the marketplace. —Dade Hayes, Deadline, 1 May 2025

Mainly because of the proliferation of the name, image and likeness (NIL) marketplace in college basketball, there are only 106 early entrants to the NBA Draft, a drastically lower number than the 195 who entered last year and the 242 who entered the year before. —Sam Vecenie, New York Times, 1 May 2025

Many sellers on Amazon’s third-party marketplace, which accounts for more than half the company’s total sales, rely on the world’s second-largest economy to make or assemble their products. —Annie Palmer, CNBC, 1 May 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