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- DictionaryMar·ket/ˈmärkət/
noun
- 1. a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities: "farmers going to market"
- 2. an area or arena in which commercial dealings are conducted: "the labor market"
verb
- 1. advertise or promote (something): "the product was marketed under the name “aspirin.”"
market noun [C] (BUYING AND SELLING) Add to word list. C1. the people who might want to buy something, or a part of the world where something is sold: Are you sure there's a market for the product? We estimate the potential market for the new phones to be around one million people in this country alone.
Definition. In economics, a market is a coordinating mechanism that uses prices to convey information among economic entities (such as firms, households and individuals) to regulate production and distribution.
Market definition: an open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace. See examples of MARKET used in a sentence.
a place where people go to buy or sell things, often outside: a cattle / fish / flower market. a market stall. Fewer examples. There is a flower market every Sunday. On Saturdays, she works on a market stall. Local produce can be bought at the farmers ' market. The street market attracted crowds of shoppers and tourists.
[countable] a particular area, country or section of the population that might buy goods. exporters who want to access the Japanese market. Expansion into the global market brings more risk. They supply beef to the domestic market. The young, health-conscious female consumer is our target market.
Jan 28, 2020 · Market – definition. A market is an arrangement between buyers and sellers to exchange goods or services for money. Markets are the fundamental means by which scarce resources are allocated a price, and are essential to the operation of the price mechanism.
A Market is any place where makers, distributors, or retailers sell, and consumers buy. Examples include shops, high streets, and websites. The term may also refer to the whole group of buyers for a good or service. Businesses that operate in markets are usually in competition with other companies.
