ENGLISH DICTIONARY

Market

Definition, Meaning & Examples

Pronunciation /ˈmɑːkɪt/ · Part of speech noun

Quick meaning: Market is a noun meaning A gathering of people for the purchase and sale of merchandise, often periodic at a set time.

Meaning

A gathering of people for the purchase and sale of merchandise, often periodic at a set time.

More Meanings

  1. Any physical store selling groceries, such as a grocery store or convenience store.
  2. A group of potential or current customers for one's product.
  3. A geographical area or region where a certain commercial demand exists.
  4. A formally organized, sometimes monopolistic, system of trading in specified goods or effects.
  5. The sum total traded in a process of individuals trading for certain commodities.
  6. The price for which a thing is sold in a market; hence, value or worth; market value.
  7. A relatively spacious outdoor or covered site where traders set up stalls, either temporarily or permanently or semi-permanently, and buyers browse the merchandise.

Example Sentences

Stop by the market on your way home and pick up some milk.
There's a market every Thursday and Saturday in the town square.
This site on North Street used to be the market, until it was redeveloped.
The right to hold a weekly market was an invaluable privilege not given to all towns in the Middle Ages.

Word Forms

Synonyms for market

Depending on context, synonyms include mart, fair, marketplace, bazaar, arcade, grocery.

Related Words

Related dictionary entries include commercialize, grocery, marketplace, commerce, trade, aftermarket.

Related Dictionary Tools

Sources & Attribution

FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0

Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.