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  2. Dictionary

    mar·ket
    [ˈmärkət]
    noun
    market (noun) · markets (plural noun)
    1. a regular gathering of people for the purchase and sale of provisions, livestock, and other commodities:
      "farmers going to market"
    2. an area or arena in which commercial dealings are conducted:
      "the labor market" · "the sale of cruisers in the American market continues to plummet"
      • a demand for a particular commodity or service:
        "there is a market for ornamental daggers"
      • the state of trade at a particular time or in a particular context:
        "the bottom's fallen out of the market"
        Similar:
        buying and selling
      • the free market; the operation of supply and demand:
        "future development cannot simply be left to the market" · "a market economy"
      • a stock market:
        "the sale of the company's shares on world markets"
    verb
    market (verb) · markets (third person present) · marketed (past tense) · marketed (past participle) · marketing (present participle)
    1. advertise or promote (something):
      "the product was marketed under the name “aspirin.”"
    Origin
    Middle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’ (see also merchant).
    Translate market to
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  3. People also ask
    What is a market in business?What Is a Market? A market is any place where sellers of particular goods or services can meet with buyers of those goods and services. It creates the potential for a transaction to take place. The buyers must have something they can offer in exchange for the product to create a successful transaction.
    What is a market in economics?A market is any place where two or more parties can meet to engage in an economic transaction—even those that don't involve legal tender. A market transaction may include goods, services, information, currency, or any combination that passes from one party to another. In short, markets are arenas in which buyers and sellers can gather and interact.
    What is a market and how does it work?A market is a place where parties can gather to facilitate the exchange of goods and services. The parties involved are usually buyers and sellers. The market may be physical, like a retail outlet, where people meet face-to-face, or virtual, like an online market, where there is no physical presence or contact between buyers and sellers.
    What does marketing mean?Definition of marketing starts with the total population and narrowing down level by level. There are different terms used to understand these levels. Potential Market. It is the total population in the market that is interested to buy a product and service Available market.
     
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