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English definition of “market price”

market price

noun [C]
 
 
(also market value) COMMERCE the price that something could be sold for at a particular time: Fair Trade demands that buyers of the coffee it certifies pay higher than the market price. Despite the real estate slump, the building's market price was double what it sold for three years ago.
FINANCE the price of something on a financial market at a particular time: The market price jumped 17p to 847p.
(Definition of market price from the Cambridge Business English Dictionary © Cambridge University Press)
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