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English definition of “market”

market

noun [C] (BUYING AND SELLING)    /ˈmɑː.kɪt/ US  /ˈmɑːr-/
C1 the people who might want to buy something, or a part of the world where something is sold : Are you sure there's a market for the product ? We estimate the potential market for the new phones to be around one million people in this country alone . The domestic market is still depressed , but demand abroad is picking up. They've increased their share of the market by ten percent over the past year .People who buy thingsTraders, merchants and entrepreneurs C2 the business or trade in a particular product , including financial products : the coffee market the economic market the commodities market the stock market the job market the housing marketBusiness and commerce - general words in the market for sth interested in buying something: Thanks for the offer , but I'm not in the market for another car at the moment .Excited, interested and enthusiastic on the market available for sale : We put our house on the market as soon as house prices started to rise . This is one of the best televisions on the market. The pictures would sell for half a million on the open market (= if offered for sale without a fixed price ).Mortgages and real estateRenting, hiring and hire purchase in general Renting property
(Definition of market noun (BUYING AND SELLING) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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