Definition of market in US English:

market

nounPlural markets

  • 1A regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.

    ‘farmers going to market’
    • ‘The market had a few vendors selling this and that but again not as many as there usually were.’
    • ‘Another odd similarity was the open air markets in the weekends, where farmers from nearby villages and towns brought their produce to sell.’
    • ‘It was a busy day in Nether Wallop when more than 300 people gathered in the village square for a street market and party.’
    • ‘A taster day is this Friday in Market Square with the main market on Church Street from Saturday to Monday.’
    • ‘And far from being one-off events, the vast majority of the markets have become regular dates in the calendar.’
    • ‘Newly-formed Wrose Parish Council want to use the village's recreational ground as a venue for markets, car boot sales and open air concerts.’
    • ‘Further, the replacement of fairs and markets by regular shops reduced the costs of retailing.’
    • ‘There is also plenty of fresh fruit and vegetables on sale at the market from All Organic.’
    • ‘She liked the odd bits and ends she could find in markets or garage sales because it was more unique than store-bought jewelry.’
    • ‘It will be on sale at all four markets and at Tourist Information Centres from October.’
    • ‘They are usually sold in street markets, car boot sales and are also hawked around pubs.’
    • ‘The EU has implemented an immediate ban on all shows, markets, fairs and sales involving collections of birds within its borders.’
    • ‘In 2001 the residents in Hogan's street had a street party, and have since had garage sales, mini markets and tea parties.’
    • ‘Find a cheap old light fitting at markets, garage sales, etc. and then dismantle it.’
    • ‘He's spent more than a decade collecting them at garage sales and markets.’
    • ‘There is always a danger, of course, that these events could be taken over by the sort of traders who sell their wares at car-boot sales and regular street markets.’
    • ‘Farmers fatten livestock for the market so why don't fishermen ranch fish?’
    • ‘It's more important to go to places and explore them a bit, pick up the atmosphere, look at what's on sale at the market.’
    • ‘Concerted people pressure defeated a plan to hold a weekend market and car boot sale at two Morden car parks.’
    • ‘I have seen dandelion leaves on sale in French markets and they make a tasty addition to salads - again they have to be young and tender.’
    1. 1.1 An open space or covered building where vendors convene to sell their goods.
      • ‘There is no justification for allowing illegal traders in open spaces other than the markets.’
      • ‘Farmers are now allowed to sell their surplus crops in open markets.’
      • ‘She walks for about fifteen minutes to a huge roofed open air market and sits selling the chicken pieces till the middle of the afternoon.’
      • ‘The market re-opened for the sale of fat cattle and sheep.’
      • ‘Cities and villages feature open markets, where foodstuffs are sold liberally, along with common household items.’
      • ‘They will be looking for a site that would not conflict with the regular market in Market Place.’
      • ‘Is it true that bus drivers do not find customers at Lumumba because all commuters conduct business in areas near the City market?’
      • ‘The markets are open year-round, but she only sells flowers and plants during the winter.’
      shopping centre, marketplace, mart, retail outlet, flea market, fair, bazaar, piazza, plaza
      View synonyms
  • 2An area or arena in which commercial dealings are conducted.

    ‘the labor market’
    ‘the sale of cruisers in the American market continues to plummet’
    • ‘American markets are open to all of the CAFTA Central American countries.’
    • ‘The company had also diversified sales to different geographical markets, he said.’
    • ‘What we want to do is make sure that others open their markets so that we can sell them our products and services.’
    • ‘But there is no reason to expect a house price boom - particularly if the labour market and wages growth remain subdued.’
    • ‘Meanwhile, Spain continues to confound business experts by remaining the biggest market for blended whisky.’
    • ‘These showed operating profits trebled to 655m kronor, thanks to stronger global-equity markets and robust sales.’
    • ‘It is essentially a cover to force countries to open up their markets for multinational corporations to plunder.’
    • ‘It has also opened up its markets to developing countries.’
    • ‘The exigencies of market forces and the legacy of over-exploited finite resources and deregulated labour markets remain.’
    • ‘The gorillas' natural habitat has been gradually destroyed to make way for farmland and cash crops for sale on the global market.’
    • ‘The labour market remains fairly tight and employers always have to be on the look-out for new sources of employees.’
    • ‘Meanwhile, commercial real estate markets remained weak and new construction was limited.’
    • ‘Many are the companies which have relied heavily on sales into the home market, only to see trends, fashions or buying patterns change.’
    • ‘This matches the needs from many regional companies who are indeed delivering the bulk of their sales across the Balkan markets.’
    • ‘But it has refused to budge without balancing pledges from developing states to open their markets to industrial goods.’
    • ‘This means in effect that you will have the right to sell into their markets as much as you like as long as you don't actually do so - in any quantity, that is.’
    • ‘Today a spokesman for the historic firm said the move followed a decision to focus the business on the commercial market in Leeds.’
    • ‘Exports to continental EU markets are likely to remain challenging.’
    • ‘Science has shown that Canadian beef is safe, yet export markets remain closed.’
    • ‘A leading company is to create 100 new jobs in Southend as part of an ambitious expansion to develop sales in the US market.’
    1. 2.1 A demand for a particular commodity or service.
      ‘there is a market for ornamental daggers’
      • ‘After much deliberation and assessment of the need for the project it was decided that there was a market for a unit of this nature.’
      • ‘I guess there must be a market for them amongst old right-wingers or something…’
      • ‘I think there is definitely a market for someone like me.’
      • ‘The implication was that there was a market for stolen goods.’
      • ‘There's a market for it and it's kind of a sequel to the cassette culture of the '80s and early '90s.’
      • ‘An East Lancashire businessman who has run lap-dancing bars in towns and cities said there simply wasn't a market for it in Blackburn.’
      • ‘There is a market for skilled bricklayers and, as one of the directors said, if he wants to find skilled workers at the moment he has to go through agencies.’
      • ‘And this would have provided the market for whatever the vendors were selling.’
      • ‘There's clearly a market for movies with troubled, hunky young priests investigating Satanic cults at the heart of the Vatican.’
      • ‘If they are run properly and legally, and there's a market for them, I can't see the problem.’
      • ‘Malang, like other regional towns of Indonesia, is changing, and a market for new local newspapers is emerging.’
      • ‘Sure, there's a market for it - but does it have to be that watered down?’
      • ‘I think there'll always be a market for programs like Australian Idol, but the hype will die down eventually.’
      • ‘There definitely are people like myself who have an interest in it, and there's a market for it, as well.’
      • ‘There's more of a market for coffee in those two countries but fewer Starbucks per capita.’
      • ‘And she doesn't believe there's a market for landscapers in the native-plant industry.’
      • ‘The rest refuse to accept there is a market for them.’
      • ‘It struck me that there would be a market for a movie parent-baby event.’
      • ‘I don't know whether there's a market for that, but why not take a look at it?’
      • ‘We were creating a market for natural gas and electricity that had never existed before.’
      demand, call, want, desire, need, requirement
      View synonyms
    2. 2.2 The state of trade at a particular time or in a particular context.
      ‘the bottom's fallen out of the market’
      • ‘This is difficult to square with a stagnant market with ticket sales stuck at 1922 levels till the late 1930s.’
      • ‘With the economy slowing, and a flood of tail-end boom cars being traded in, the market is in a state of flux.’
      • ‘The services of a CPA firm will be in good demand no matter which way the market or economy goes.’
      • ‘When any asset becomes that valuable, the market usually responds by trading the asset.’
      • ‘Despite the rumours and the negative air in the trade, the pub market held its own during the first six months of this year.’
      trade, trading, business, commerce, buying and selling, dealing
      View synonyms
    3. 2.3 The free market; the operation of supply and demand.
      ‘future development cannot simply be left to the market’
      as modifier ‘a market economy’
      • ‘As part of the general transition to a market economy, privatization laws for land have been introduced.’
      • ‘But profits are the lifeblood of a market economy and the key to sustained growth.’
      • ‘This indicates the challenges of green politics to the unfettered market economy or the excesses of capitalism.’
      • ‘In a market economy, entrepreneurs are people who voluntarily take on uncertainty.’
      • ‘Ten years ago, the population belonging to the market economy was less than 1 billion.’
      • ‘It turns out that the market economy operated much more efficiently than most observers had expected.’
      • ‘Chechnya also suffers by being cut off from the market economy that is taking root in the rest of Russia.’
      • ‘The logic of the market economy lies in competition, not just privatization.’
      • ‘In a market economy, success goes to those businesses that best serve consumer needs.’
      • ‘Workers have suffered massive layoffs during the transition to a market economy.’
      • ‘In other words, every participant in a market economy is both an exporter and an importer.’
      • ‘He said although the union would like to be given some incentives, Namibia had a market economy.’
      • ‘Australia has agreed to recognise China as a market economy, as New Zealand has.’
      • ‘The magazine noted that the market economy had led to the marginalization of public intellectuals, but they had never been more necessary.’
      • ‘The nature of the market economy is that there are fluctuations in flows of income and expenses.’
      • ‘The closed club prevents the very challenge from the outside that governs and signifies a market economy.’
      • ‘The graduate glut is one more sign of how difficult it is for China to manage a smooth transition to a market economy.’
      • ‘Of course, bankruptcy can be a part of the creative destruction that keeps a market economy vital.’
      • ‘With each measure one has to ask oneself whether the instrument used is or is not compatible with the market economy.’
      • ‘By 1820, however, the forces of the market economy had begun to impact the valley.’
    4. 2.4 A stock market.
      • ‘It's very well established that the U.S. stock market often leads foreign markets.’
      • ‘When the markets are up, you buy fewer shares per dollar invested due to the higher cost per share.’
      • ‘When you invest in a foreign market, you compound the normal risk of a stock fund with currency risk.’
      • ‘He argued that reducing the supply of shares in the market would benefit all shareholders as the capital value of the stock rose.’
      • ‘How much do you really know about money and investing in the markets?’
      • ‘As anybody who picked up a bevy of blue chips during the equity bear market will know, a relatively high yield is a proven indicator of value in financial markets.’
      • ‘You can minimise your risk of suffering a loss if markets decline after you invest and the average price of your market entry can also be lowered.’
      • ‘Be very careful of backing any companies that need to raise money in the public markets by selling shares.’
      • ‘In fact, it's reasonable to say that they are only really suitable for a small minority of those who invest directly in the markets.’
      • ‘So its better to stay invested in the market so as not to miss out on a boom day.’

verbmarketed, marketing, markets

[with object]
  • 1Advertise or promote (something)

    ‘the product was marketed under the name “aspirin.”’
    • ‘She marketed her services by mailing promotional packets to civil court judges in select Texas counties.’
    • ‘Healy said he had little choice but to fund and market the project himself.’
    • ‘Smart architects leverage the brand name of quality products to market their homes.’
    • ‘He cut expenses by outsourcing manufacturing and relying on retail partners to market his products.’
    • ‘How do you market a product to young people when millions of them are glued to video game screens instead of TVs?’
    • ‘Interestingly enough Watkins said Uri has never at any point marketed its products.’
    • ‘These days, I concentrate on developing and marketing our mineral water products.’
    • ‘To consumers, the brand that all of this madness is marketed under is The Final Four.’
    • ‘He teamed up with advertising agency Chemistry to market the launch in March.’
    • ‘Schnapps products are marketed under the Stortebecker and Rittmeister labels.’
    • ‘Parham uses the Internet extensively to network and market her services to potential clients.’
    • ‘The old homepage failed to give advertisers ample space to market their products and services.’
    • ‘The BBC, for example, regularly produces and markets concept prospectuses for sale to their international counterparts.’
    • ‘It is marketed under the brand name Plan B and is the second product to be labeled by the FDA for this indication.’
    • ‘Today, having successfully expanded and marketed its own brand name, it is not about to get out of the personal computer business.’
    • ‘But, he insisted, all products were marketed and promoted in a responsible way.’
    • ‘What PRN needed, Cohen decided, was an exec who knew how to build and market a network.’
    • ‘Kraft has allowed us the latitude to promote, distribute and market the brand - our way.’
    • ‘The marriage enabled them to develop innovative ways to market their products.’
    • ‘To recover its investment, the top display portion of each shed is marketed as commercial advertisement panels.’
    sell, retail, offer for sale, put up for sale, vend, merchandise, trade, peddle, hawk
    View synonyms
    1. 1.1 Offer for sale.
      ‘sheep farmers are still unable to market their lambs’
      • ‘That came on top of a decision three years ago to allow banks to market insurance products such as annuities.’
      • ‘He markets his services to local doctors, hospitals, and professional athletic associations.’
      • ‘As of the report date, FDA had not determined whether the counterfeit mesh was still being marketed.’
      • ‘Businesses are hungry to get on the Web to market their products both in Iran and to the outside world.’
      • ‘Let us consider the case of Nestle, who for many years marketed a frozen pizza product that was made with French bread.’
      • ‘Moreover, there were many tomatoes for sale the day she marketed hers.’
      • ‘It not only means looking for new avenues to market products, but new reasons why people should need them.’
      • ‘Pop group promoters and others who market official merchandise are also likely to welcome the ruling.’
      • ‘Examples of the non-deliberate class include all sorts of drugs marketed before the 1980s or so.’
      • ‘In addition, the plant marketed about 6,000 mt of CKD for use as a soil stabilization agent.’
      • ‘Merck and Schering have a joint venture to market the cholesterol drug Vytorin.’
      • ‘Probel obtained the product from a firm in Italy, and marketed it in the Netherlands.’
      • ‘It formed joint ventures to market holiday homes in Spain and Portugal and to broker mortgages.’
      put up for sale, put on the market, sell, make available, put under the hammer, ask for bids for
      View synonyms
    2. 1.2US no object Buy or sell provisions in a market.
      ‘some people liked to do their marketing very early in the morning’

Phrases

  • be in the market for

    • Wish to buy.

      • ‘This is interesting news as I happen to be in the market for just such a property’
      • ‘If you'll recall, my bride was in the market for a new car.’
      • ‘If we announced that we were in the market for fresh ivory, of course that would encourage the poaching of elephants.’
      • ‘But I guess if I was in the market for a good urn, it would be helpful to have an ad for it magically appearing at the top of my page.’
      • ‘So many computer magazines are more like bridal zines, to be purchased only when one is in the market for something new.’
      • ‘Many US-owned maquilas claim to be in the market for locally produced materials and components, backward linkages.’
      • ‘Besides, I seriously doubted she was in the market for an out-of-work writer who falls asleep driving.’
      • ‘Everybody knows at least one person that they can think of that may be in the market for what you sell (and most will know a lot more).’
      • ‘The refinery is not up for sale, and certainly we have no understanding that anyone else in the oil business is in the market for another refinery.’
      • ‘If I were in the market for a new commuter bike, I'd be well up for one of these.’
      wishing to buy, in need of, seeking, wanting, lacking, wishing for, desiring
      View synonyms
  • make a market

    • Take part in active dealing in particular shares or other assets.

      • ‘The stock is mainly held by the Burke family and some insiders, but a single broker in Alexandria does make a market in it, and five years ago Testa got his hands on some shares.’
      • ‘If a source is a sell-side analyst covering a stock for a broker who makes a market in that stock, and the source says ‘buy,’ you discount it.’
      • ‘But once the investment banks dropped coverage of these companies, their trading departments stopped making a market in their stock and liquidity dried up.’
  • on the market

    • Available for sale.

      ‘he bought every new gadget as it came on the market’
      • ‘Since the flat wasn't on the market, the vendors and I have agreed to do the sale privately.’
      • ‘H's flat is back on the market, but is not fetching huge amounts of interest at the moment.’
      • ‘Deterred by running such a large building in a smallish market town, they put it on the market.’
      • ‘Is it relevant that the bank has installed the best security system available on the market?’
      • ‘There is nothing on the market that can touch the flavour, texture and colour of real pastry.’
      • ‘If we put it on the market now there's the possibility it may sell very quickly.’
      • ‘Containing aloe vera and moisturiser, the gel will soon be available on the market.’
      • ‘The news of the sale came as a welcome surprise as it had been on the market for some time.’
      • ‘I'm about to have a two-bed flat on the market and dread the search for a pair of tenants.’
      • ‘There's a glut of organic beauty products on the market, but where are the ones for our heads?’
      on sale, up for sale, for sale, on offer, purchasable, available, obtainable
      View synonyms

Origin

Middle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’ (see also merchant).

Pronunciation

market

/ˈmärkət//ˈmɑrkət/