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Market

Market

WordNet



noun


(1)   The world of commercial activity where goods and services are bought and sold
"Without competition there would be no market"
"They were driven from the marketplace"
(2)   A marketplace where groceries are sold
"The grocery store included a meat market"
(3)   The securities markets in the aggregate
"The market always frustrates the small investor"
(4)   The customers for a particular product or service
"Before they publish any book they try to determine the size of the market for it"

verb


(5)   Make commercial
"Some Amish people have commercialized their way of life"
(6)   Engage in the commercial promotion, sale, or distribution of
"The company is marketing its new line of beauty products"
(7)   Deal in a market
(8)   Buy household supplies
"We go marketing every Saturday"
Wiktonary



Etymology


Recorded since circa 1154, "a meeting at a fixed time for buying and selling livestock and provisions" , .From Old North French market ( marchiet, modern marché; cognate with Italian mercato, Spanish mercado etc.), from mercatus "trade, market", from the past participle of mercari "to trade, deal in, buy", itself derived from merx "wares, merchandise", from the Italic root *merk-, possibly stemming from Etruscan, referring to various aspects of economics.

Noun



  1. City square or other fairly spacious site where traders set up stalls and buyers browse the merchandise.
    The crowds at the market were quite noisy.
    We're going to the market to get some fresh vegetables and fruits.
  2. An organised, often periodic, trading event at such site
    The privilege to hold a weekly market was invaluable for any feudal era burgh
    • The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor.
      Definition used by famous economist of the Austrian school, Ludwig Von Mises, in his book Human Action.
  3. A group of potential customers for one's product.
    We believe that the market for the new widget is the older homeowner.
  4. A geographical area where a certain commercial demand exist
    Foreign markets were lost as our currency rose versus their valuta
  5. A formally organized, sometimes monopolistic, system of trading in specified goods or effects
    The stock market ceased to be monopolized by the paper-shuffling national stock exchanges with the advent of Internet markets
  6. The sum total traded in a process of individuals trading for certain commodities.

Related terms


Verb



  1. To make (products or services) available for sale and promote them.
    We plan to market an ecology model by next quarter.
  2. To sell
    We marketed more this quarter already then all last year!

Adjective



  1. Relating to a (commercial) market.
    We waited to hear the latest market results.

Usage notes