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English definition of “market”

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market

noun
 
 
/ˈmɑːkɪt/
[C] ECONOMICS, COMMERCE the business or activity of buying and selling a particular product or service: the car/coffee/telecoms, etc. market The telecoms market is evolving rapidly.the market in/for sth The battle for control of the London Stock Exchange aims to create a truly global market in shares. We need to increase our share of the market. Difficult market conditions contributed to a 9% decline in first-half profits.the US/local/world market The company claims to hold half of the US market by volume. booming/competitive/buoyant markets depressed/falling/weak markets to break into/capture/enter the market
[C] COMMERCE a part of the world where something is or might be sold, or a particular group of people who buy or might buy something: The emerging market where we see perhaps our strongest opportunity is China.create/find/open up a market The consoles are sold at the lowest possible price to create a market for profitable games.break into/enter/penetrate a market They've wanted to break into the market in Asia for some time.develop/expand/pursue markets We give the highest importance to expanding markets for existing products.a changing/growing/expanding market Time-share companies have adapted their sales packages to a changing market. an export/international/overseas market the corporate/teenage/youth market market information/assessment
[C] COMMERCE demand for a product or service, or the number of possible buyers for it: a market for sth Is there still a market for fax machines since the advent of email?the domestic/global/world market The domestic market is still depressed.a big/large/growing market The subsidies created a big market for wind-turbine manufacturers in Europe.
the market [S] ECONOMICS an economic system in which prices, salaries, employment, etc. are decided by how much people want and will pay for goods and services: His policy on pricing was to let the market decide.
[C] ( also financial market, also stock market) STOCK MARKET, FINANCE the activity of buying and selling shares, bonds, commodities (= products that can be traded), currencies, etc., or a place where this is done: Some investors gain unfair advantage by changing orders after markets have closed. If the market rises by 20% over the year, it means that the firm's income rises automatically by the same amount. Asian markets made strong gains overnight.on a/the market On the Chicago market, a bushel of wheat fell to 262.50 cents from 271.75 cents. trading on foreign markets
[C] COMMERCE a place or event at which people meet in order to buy and sell things: a covered/an outdoor/a street market a market stall/trader
[C] US COMMERCE a store that sells mainly food: Can you stop at the market to buy some milk?
be first, etc. to market COMMERCE to be first, etc. to have a product ready for sale: For some companies, being first to market is often more important than having the best product.
bring, get, etc. sth to market COMMERCE to arrive at the point where a product is ready to be sold: If all goes well, the company hopes to bring the product to market in about two years.
come/go to (the) market COMMERCE to offer a new product for sale for the first time, or to be offered for sale for the first time: The big food processing company tests ingredients like cooking oil before they go to market. STOCK MARKET to begin selling shares, etc. on a stock exchange, or to begin to be sold on a stock exchange: The company came to market in July, hitting a closing peak of 247p this week. We expect the company to be valued at about £80m when the shares come to market on May 22.
corner the market (in/on sth) COMMERCE to be more successful than any other company at selling a particular type of product: They have cornered the market in cheap flights.
get to market COMMERCE if a product gets to market, it is ready to be sold: Better drugs can always get to market, ensuring patients access to the best medicine.
in the market for sth interested in buying something: Consumers in the market for a new car may turn to more fuel-efficient options.
make a market STOCK MARKET to deal in shares, bonds, etc. (= buy and sell them for others), so that buyers do not have to find sellers directly: Most of the main dealing banks will make markets only with real investors, not traders.
on/onto the market COMMERCE available to be bought: They put their house on the market, but it hasn't sold. This is the best mortgage rate available on the market at the present time. The number of properties coming onto the market also remained little changed.
play the market FINANCE, STOCK MARKET to risk money buying and selling shares, etc.: He had an instinct for finance, subscribed to the Wall Street Journal, and played the market.
price yourself/sb/sth out of the market COMMERCE to charge so much for a product or service that nobody wants or is able to buy it: There are concerns that London is pricing itself out of the market as a European business base. Sharp rises in house prices in recent years are increasingly pricing many people out of the market.
→  See also bear market , black market , bond market , bull market , buyer's market , capital market , cash market , closed market , commodity market , credit market , curb market , currency market , discount market , domestic market , efficient market , equity market , exchange market , export market , farmer's market , flea market , foreign exchange market , forward market , free market , futures market , gilt-edged market , global market , graveyard market , the grey market , housing market , imperfect market , insurance market , investment-grade market , job market , kerb market , labour market , loan market , luxury market , main market , mass market noun , middle-market , money market , mortgage market , niche market , open market , options market , over-the-counter market , parallel market , perfect market , primary market , the property market , secondary market , securities market , seller's market , shadow market , single market , spot market , stock market , swaps market , target market , terminal market , test market , third market
(Definition of market noun from the Cambridge Business English Dictionary © Cambridge University Press)
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