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1mar·ket Listen to audio/ˈmɑɚkət/ noun
plural mar·kets
1 [count] a : a place where products are bought and sold
a fish/meat/produce market a street market a country marketsee also flea market
b US : a store where foods and often household items are sold : supermarket
I stopped at the market on the way home for some juice.
2 [count] a : an area (such as a country or part of a country) where a product or service can be sold
They are trying to develop foreign markets for American cotton. The company sells mainly to the Southern market. New markets are opening up all over the world.
b : a particular type of people who might buy something
Advertisers are trying to appeal to the youth market. targeting a more mature market a reference work for the educational marketsee also black market, buyer's market, seller's market
3 [singular] : the amount of need and desire that people have for a product or service — used to describe how many people want to buy somethingusually + for There is a good/growing market for new homes. [=there are many people who want to buy new homes] There is currently a poor/declining market for used cars. They found a ready market for their products. [=they easily found many people who wanted to buy their products]
4 [singular] : the available supply of workers or jobs
the labor market [=the number of workers who are available to be hired] the job market [=the number of jobs that are available for workers]
5 [singular] : the economic activity of buying and selling that causes prices to become higher or lower
He believes that housing prices should be determined by the market without government interference. a market-driven industry/economysee also free market, single market
6 [count] : the activity of buyers and sellers of a particular product
It's not clear how these changes may affect the software market.
7 [singular] : stock market
The market was down today in heavy trading. He enjoys playing the market. [=actively buying and selling stocks in the hope of making a profit]see also bear market, bull market
in the market
: looking for something in particular : interested in buying or finding something
He hasn't found a new job yet, but he is still in the market. [=he is still looking for a new job]usually + for She is in the market for a new house. [=she is looking for a new house to buy] She's in the market for a husband.
on the market
: available to be bought
Their house is still on the market. The land just came on the (open) market last week. The software will be on the market next month. They've decided to put their house on the market. [=they've decided to sell their house]
price (someone) out of the marketsee 2price
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