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Market Definition–noun | 1. | an open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace
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: 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. | –verb (used without object) | 13. | to buy or sell in a market; deal. | | 14. | to buy food and provisions for the home. | –verb (used with object) | 15. | to carry or send to market for disposal: to market produce every week. | | 16. | to dispose of in a market; sell. | —Idioms | 17. | at the market, at the prevailing price in the open market. | | 18. | in the market for, ready to buy; interested in buying: I'm in the market for a new car. | | 19. | on the market, for sale; available: Fresh asparagus will be on the market this week. | | From Dictionary
From Dictionary
Related topics from BritannicaBauer of Market Ward in the City of Cambridge, Peter Thomas Bauer, Baron Hungarian-born British economist (b. Nov. 6, 1915, Budapest, Hung., Austria-Hungary-d. May 3, 2002, London, Eng.), fiercely opposed all developmental aid to less-developed countries because he said ...
statistics Decision analysis, also called statistical decision theory, involves procedures for choosing optimal decisions in the face of uncertainty. In the simplest situation, a decision maker must choose the ...
marketing Market research firms gather and analyze data about customers, competitors, distributors, and other actors and forces in the marketplace. A large portion of the work performed by most market research ...
government economic policy Once decisions have been made on how the limited national budget should be divided between different groups of activities, or even before this, public authorities need to decide which specific ...
Marxism Marx analyzed the market economy system in Das Kapital. In this work he borrows most of the categories of the classical English economists Smith and Ricardo but adapts them and introduces new ...
Marxism To go directly to the heart of the work of Marx, one must focus on his concrete program for man. This is just as important for an understanding of Marx as are The Communist Manifesto and Das Kapital. ...
geography In human geography, the new approach became known as "locational" or "spatial analysis" or, to some, "spatial science." It focused on spatial organization, and its key concepts were embedded into the ...
complexity Around 1988, W. Brian Arthur, an economist from Stanford University, and John Holland, a computer scientist from the University of Michigan, hit upon the idea of creating an artificial stock market ...
economic stabilizer The problems of economic stability and instability have, naturally, been of concern to economists for a very long time. But, as a special field of investigation, it emerged most strongly from the ...
labour economics Something can be learned from the way in which employers manage productivity in practice. Employers pay great attention to internal pay structures, using job evaluation and other techniques to assure ...
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