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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.”"
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May 16, 2024 · A market is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical, like a retail outlet, or...
a (1) : a meeting together of people for the purpose of trade by private purchase and sale and usually not by auction. (2) : the people assembled at such a meeting. b (1) : a public place where a market is held. especially : a place where provisions are sold at wholesale. a farmers' market.
MARKET definition: 1. the people who might want to buy something, or a part of the world where something is sold: 2…. Learn more.
market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions. Markets in the most literal and immediate sense are places in which things are bought and sold.
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.
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money.
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.
