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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).
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  9. People also ask
    What is a'market'?The term ‘market’ refers to the aggregate of all demand for a particular product or service, arising from the aggregate of all consumers, both existing and potential for the product. It means that the whole group of consumers of a particular product constitutes the ‘market’ for that product.
    What is a market in economics?market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions. Markets in the most literal and immediate sense are places in which things are bought and sold.
    What is a market example?A market is where buyers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets can be physical, like a retail outlet, or virtual, like an e-retailer. Examples include illegal markets, auction markets, and financial markets. Markets establish the prices of goods and services, determined by supply and demand.
    Where does the word market come from?The word “Market” is derived from the Latin word ‘Marcatus’ meaning gathering for the purpose of commerce, fair. Some scholars state that the word ‘Market’ is derived from the Latin word ‘Marcari’ or ‘Merx’ meaning trade, buy or merchandise goods. Latin notion basically dealt with buying or selling of goods.
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