market

[ˈmɑːrkɪt]

market Definition

• 1. a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities
• 2. an area or arena in which commercial dealings are conducted
• 3. the state of trade at a particular time or in a particular context

Using market: Examples

Take a moment to familiarize yourself with how "market" can be used in various situations through the following examples!

• Example

  The farmers' market is held every Saturday morning.

• Example

  The stock market crashed in 1929.

• Example

  She works in the fashion market.

• Example

  The company is trying to expand its market share.

market Synonyms and Antonyms

Synonyms for market

• bazaar
• fair
• mart
• exchange
• trading center

Antonyms for market

• unmarketable
• unsalable

Idioms Using market

• be in the market for something

  be interested in buying or acquiring something

  Example

  I'm in the market for a new car, but I haven't found one that I like yet.

• corner the market

  gain control of a particular market by becoming the dominant seller or producer

  Example

  The company has effectively cornered the market on organic produce in this region.

• flea market

  a market, typically outdoors, selling secondhand goods

  Example

  We found some great deals at the flea market last weekend.

Phrases with market

• market research

  the action or activity of gathering information about consumers' needs and preferences

  Example

  The company conducted extensive market research before launching the new product.

• market value

  the price that a particular commodity or asset can command in the marketplace

  Example

  The market value of the house has increased significantly since it was purchased.

• market forces

  the economic factors that influence supply and demand in a particular market

  Example

  The company had to adjust its prices to reflect changes in market forces.

Origins of market

from Old English 'mearcet', meaning 'a meeting place'

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Summary: market in Brief

The term 'market' [ˈmɑːrkɪt] refers to a gathering of people for the purchase and sale of goods, an area where commercial dealings occur, or the state of trade. It is used in contexts ranging from agriculture to finance, as in 'The farmers' market is held every Saturday morning.' 'Market' extends into phrases like 'market research,' and idioms like 'be in the market for something,' denoting interest in acquiring something, and 'flea market,' referring to a market selling secondhand goods.