1 [C] an occasion when people buy and sell goods; the open area or building where they meet to do this:
a fruit / flower / antiques market * an indoor / a street market * market stalls / traders * We buy our fruit and vegetables at the market. * Thursday is market day in Poitiers. * a market town (= a town in Britain where a regular market is or was held)
2 [sing.] business or trade, or the amount of trade in a particular type of goods:
the world market in coffee * They have increased their share of the market by 10%. * the property / job market (= the number and type of houses, jobs, etc. that are available) * They have cornered the market in sportswear. (= sell the most)
3 [C] a particular area, country or section of the population that might buy goods:
the US / Japanese market * the global / domestic market
4 [sing.] ~ (for sth) the number of people who want to buy sth
SYNDEMAND:
a growing / declining market for second-hand cars * There's not much of a market for black and white televisions nowadays.
5 (often the market) [sing.] people who buy and sell goods in competition with each other:
The market will decide if the TV station has any future. * a market-based / market-driven / market-led economy * innovative products at the forefront of market trends
seealsoBLACKMARKET, MARKETFORCES
6 [C] = STOCKMARKET:
the futures market * the market crash of 1987
HELPNOTE There are many other compounds ending in market. You will find them at their place in the alphabet.
IDIOMS
in the market for sth interested in buying sth:
I'm not in the market for a new car at the moment.
on the market available for people to buy:
to put your house on the market * The house came on the market last year. * There are hundreds of different brands on the market.
on the open market available to buy without any restrictions:
Firearms are not freely available on the open market.
play the market to buy and sell STOCKS and shares in order to make a profit
moreatBUYER, PRICEv., SELLER
verb [VN] ~ sth (to sb) (as sth) to advertise and offer a product for sale; to present sth in a particular way and make people want to buy it:
It is marketed as a low-alcohol wine. * School meals need to be marketed to children in the same way as other food.
seealsoMARKETING
