[mahr-kit] /ˈmɑr kɪt/
an open place or a covered building where buyers and sellers convene for the sale of goods; a :
a farmers’ market.
a store for the sale of food:
a meat market.
a meeting of people for selling and buying.
the assemblage of people at such a meeting.
trade or traffic, especially as regards a particular commodity:
the market in cotton.
a body of persons carrying on extensive transactions in a specified commodity:
the cotton market.
the field of trade or business:
the best shoes in the market.
demand for a commodity:
an unprecedented market for leather.
a body of existing or potential buyers for specific goods or services:
the health-food market.
a region in which goods and services are bought, sold, or used:
the foreign market; the New England market.
current price or value:
a rising market for shoes.
verb (used without object)
to buy or sell in a market; deal.
to buy food and provisions for the home.
verb (used with object)
to carry or send to market for disposal:
to market produce every week.
to dispose of in a market; sell.
at the market, at the prevailing price in the open market.
in the market for, ready to buy; interested in buying:
I’m in the market for a new car.
on the market, for sale; available:
Fresh asparagus will be on the market this week.
a place, such as an open space in a town, at which a market is held
a shop that sells a particular merchandise: an antique market
the market, business or trade in a commodity as specified: the sugar market
the trading or selling opportunities provided by a particular group of people: the foreign market
demand for a particular product or commodity: there is no market for furs here
See stock market
See market price, market value
at market, at the current price
be in the market for, to wish to buy or acquire
on the market, available for purchase
play the market
buyer’s market, a market characterized by excess supply and thus favourable to buyers
seller’s market, a market characterized by excess demand and thus favourable to sellers
verb -kets, -keting, -keted
(transitive) to offer or produce for sale
(intransitive) to buy or deal in a market
early 12c., “a meeting at a fixed time for buying and selling livestock and provisions,” from Old North French market “marketplace, trade, commerce” (Old French marchiet, Modern French marché), from Latin mercatus “trading, buying and selling, trade, market” (source of Italian mercato, Spanish mercado, Dutch markt, German Markt), from past participle of mercari “to trade, deal in, buy,” from merx (genitive mercis) “wares, merchandise,” from Italic root *merk-, possibly from Etruscan, referring to various aspects of economics. Meaning “public building or space where markets are held” first attested mid-13c. Sense of “sales, as controlled by supply and demand” is from 1680s. Market value (1690s) first attested in writings of John Locke. Market economy is from 1948; market research is from 1921.
1630s, from market (n.). Related: Marketed; marketing.
gray market, meat market, slave market
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