Meaning & Definition of word "Market"

Market

/ˈmɑːrkɪt/

1. A place where goods and services are bought and sold.
- Example: She goes to the market every Saturday to buy fresh vegetables.
2. The area of commercial activity, especially the demand for goods and services.
- Example: The smartphone market has seen significant growth in recent years.
3. A gathering of people for the purpose of buying and selling, often outdoors.
- Example: The farmers' market attracts many local residents looking for organic produce.

1. To offer (goods or services) for sale.
- Example: They plan to market their new product through social media.
2. To promote or advertise a product.
- Example: The company spent a lot of money to market their latest video game.

Middle English: from Old French 'marchet', which comes from 'marchier' meaning 'to trade'.

market share:

The portion of a market controlled by a particular company or product.

on the market:

Available for sale or rent.

corner the market:

To gain control of a specific market.

marketplace:

A location or medium where goods can be bought and sold.

marketing:

The act of promoting and selling products or services.

Meaning: To sell something quickly.

Example Sentence: I have to market these tickets before the concert starts.

Meaning: A trendy place where young people gather to buy unique products.

Example Sentence: Let's check out that new market downtown where they have artisanal crafts.