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English definition of “buyer's market”

buyer's market

noun [S] uk   /ˌbaɪ.əzˈmɑː.kɪt/ us    /-ɚzˈmɑːr-/
a time when there are more goods for sale than there are people to buy them, so prices are usually lowEconomics and the state of the economy
(Definition of buyer's market from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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