Market

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Dictionary Meaning and Definition on 'Market'

Market Meaning and Definition from WordNet (r) 2.0
    market n
  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" [syn: marketplace]
  2. the securities markets in the aggregate; "the market always frustrates the small investor" [syn: securities industry]
  3. the customers for a particular product or service; "before they publish any book they try to determine the size of the market for it"
  4. a marketplace where groceries are sold; "the grocery store included a meat market" [syn: grocery store, grocery, food market] v
  5. engage in the commercial promotion, sale, or distribution of; "The company is marketing its new line of beauty products"
  6. buy household supplies; "We go marketing every Saturday"
  7. deal in a market
  8. make commercial; "Some Amish people have commercialized their way of life" [syn: commercialize, commercialise]
Market Meaning and Definition from Webster's Revised Unabridged Dictionary (1913)
    Market \Mar"ket\, n. [Akin to D. markt, OHG. mark[=a]t, merk[=a]t, G. markt; all fr.L. mercatus trade, market place, fr. mercari, p. p. mercatus, to trade, traffic, merx, mercis, ware, merchandise, prob. akin to merere to deserve, gain, acquire: cf. F. march['e]. See Merit, and cf. Merchant, Mart.]
  1. A meeting together of people, at a stated time and place, for the purpose of traffic (as in cattle, provisions, wares, etc.) by private purchase and sale, and not by auction; as, a market is held in the town every week. He is wit's peddler; and retails his wares At wakes, and wassails, meetings, markets, fairs. --Shak. Three women and a goose make a market. --Old Saying.
  2. A public place (as an open space in a town) or a large building, where a market is held; a market place or market house; esp., a place where provisions are sold. There is at Jerusalem by the sheep market a pool. --John v. 2.
  3. An opportunity for selling anything; demand, as shown by price offered or obtainable; a town, region, or country, where the demand exists; as, to find a market for one's wares; there is no market for woolen cloths in that region; India is a market for English goods. There is a third thing to be considered: how a market can be created for produce, or how production

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Wikipedia Meaning and Definition on 'Market'


A market is a place where people go to buy or sell things. When people have products to sell, they set up a market place. There may be a special building for the market place, or the market may be held in an open space where the sellers can put up a stall (like a kind of tent) and then take the stall down at the end of the day.

The word market can also have a more general meaning in the economy. It can mean the way things are bought or sold. "There is a big market for dishwashers" means that lots of people want to buy dishwashers, so therefore a business that makes dishwashers is likely to be able to make a lot of money. When things are sold, people buy the product, and this "stimulates the economy" (helps people to spend and earn money). The market needs to balance supply and demand. There is no point in supplying (making) lots of dishwashers if people do not want them. In the market prices may change quickly if supply or demand changes.

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'Market' in famous quotation sentence


* Judge Smails It's easy to grin When your ship comes in And you've got the stock market beat. But the man worthwhile, Is the man who can smile, When his shorts are too tight in the seat. - CaddyShack

* A market is the combined behavior of thousands of people responding to information, misinformation and whim. - Kenneth Chang

* We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people. - John Fitzgerald Kennedy


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