market: Meaning and Definition of

mar•ket

Pronunciation: (mär'kit), [key]
— n.
  1. an open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace: a farmers' market.
  2. a store for the sale of food: a meat market.
  3. a meeting of people for selling and buying.
  4. the assemblage of people at such a meeting.
  5. trade or traffic, esp. as regards a particular commodity: the market in cotton.
  6. a body of persons carrying on extensive transactions in a specified commodity: the cotton market.
  7. the field of trade or business: the best shoes in the market.
  8. demand for a commodity: an unprecedented market for leather.
  9. a body of existing or potential buyers for specific goods or services: the health-food market.
  10. a region in which goods and services are bought, sold, or used: the foreign market; the New England market.
  11. current price or value: a rising market for shoes.
  12. See
  13. at the prevailing price in the open market.
  14. ready to buy; interested in buying: I'm in the market for a new car.
  15. for sale; available: Fresh asparagus will be on the market this week.
—v.i.
  1. to buy or sell in a market; deal.
  2. to buy food and provisions for the home.
—v.t.
  1. to carry or send to market for disposal: to market produce every week.
  2. to dispose of in a market; sell.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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