Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “market clearing price”

market clearing price

noun [C]
 
 
( also equilibrium price) ECONOMICS
the price of goods or services that exists when the quantity supplied is equal to the quantity demanded: The three firms supply a total of 1,800 video rentals daily at the market clearing price .
(Definition of market clearing price from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of market clearing price?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hyphen

the symbol -, used to join two words together, or to show that a word has been divided into two parts at the end of one line and the beginning of the next

Word of the Day

Lies, lies, lies!

by Kate Woodford,
February 25, 2015
​​​ According to sociologists (=people who study the relationships between people living in groups), we are good at lying. As a species, we have developed a remarkable ability to deceive each other (= persuade each other that something false is true). Being able to say things that are not true can help with

Read More 

snapchat verb

March 02, 2015
to send someone a message using the photomessaging application Snapchat We used to have a thing until he got a girlfriend. now

Read More