domestic market - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “domestic market”

domestic market

noun [C]
 
 
COMMERCE, ECONOMICS
the number of customers who buy or may buy products and services offered by companies within their own country: The firm has decided to sell its European operations and concentrate on its domestic market. We are poised for huge sales expansion in the domestic market over the next few years. Firms are being encouraged to produce for the domestic market. Loss of domestic market share was due to increased competition.
(Definition of domestic market from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of domestic market?
Add Cambridge dictionaries to your browser to your website

Word of the Day

intellectualize

to think about or discuss a subject in a detailed and intellectual way, without involving your emotions or feelings

Word of the Day

What’s All The Commotion About? (Words to describe sounds)

by Kate Woodford,
May 20, 2015
​​​ In this post we look at a range of words and phrases that we use to describe noise and the absence of noise. Starting with complete quiet, we sometimes use the noun hush to describe silence: A hush fell over the room as the bride walked in./There was a deathly hush (=complete

Read More 

plyscraper noun

May 18, 2015
a skyscraper made mainly from wood The development of engineered timber could herald a new era of eco-friendly ‘plyscrapers’. Christchurch welcomed its first multistorey timber structure this year, there are plans for Vancouver, and the talk is China could follow

Read More