common market Meaning in the Cambridge English Dictionary

Meaning of “common market” in the English Dictionary

"common market" in Business English

See all translations

common marketnoun [C]

uk   us  
ECONOMICS, POLITICS a ​group of countries that have a ​formalagreement for ​trading among themselves and how they ​trade with countries outside the ​group: The new ​agreement would ​create a common ​market that would ​extend from northern Canada to the ​tip of South America.
the Common Market the ​formername of the European Community, now known as the European Union
(Definition of common market from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of common market?
Add Cambridge dictionaries to your browser to your website

“common market” in Business English

More meanings of “common market”

Word of the Day


showing no fear of dangerous or difficult things

Word of the Day

There is no such thing as a true synonym in English. Discuss!
There is no such thing as a true synonym in English. Discuss!
by Kate Woodford,
November 25, 2015
In the Cambridge Advanced Learner’s Dictionary the word ‘synonym’ is defined as ‘a word or phrase that has the same or nearly the same meaning as another word or phrase in the same language’. As you might expect, definitions for this word are broadly similar in other dictionaries and yet the italicized

Read More 

conversational user interface noun
conversational user interface noun
November 30, 2015
a computer interface that provides information to users in normal, conversational speech in response to spoken requests Nearly every major tech company—from Amazon to Intel to Microsoft to Google—is chasing the sort of conversational user interface that Kaplan and his colleagues at PARC imagined decades ago.

Read More