Market Meaning

/ˈmɑːkɪt/
A2

Definition, CEFR level A2, pronunciation, examples, and quiz.

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nounA gathering of people for the purchase and sale of merchandise, often periodic at a set time.

nounA relatively spacious outdoor or covered site where traders set up stalls, either temporarily or permanently or semi-permanently, and buyers browse the merchandise.

Did you buy it on the black market?
Falling interest rates have stimulated the automobile market.
The company utilizes every media tool available to market its products.
Synonyms:
Antonyms:
None
CEFR Practice Quiz
Every Saturday, the local farmers sell fresh vegetables at the open-air ____.
CEFR Practice Quiz (Alternate)
We went to the local ____ to buy fresh fruits and vegetables for the week, which were very nice today.

From Middle English market, from late Old English market (“market”) and Anglo-Norman markiet (Old French marchié); all ultimately from Latin mercātus (“trade, market”), from mercor (“to trade, deal in, buy”), itself derived from merx (“wares, merchandise”). Cognate with West Frisian merk (“market”), Dutch markt, German Markt, Danish and Norwegian marked (“market”), Faroese and Icelandic markaður (“market”), Swedish marknad (“market”).

"The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor." — 1949, Ludwig Von Mises, Human Action:
"‘I understand that the district was considered a sort of sanctuary,’ the Chief was saying. ‘[…] They tell me there was a recognized swag market down here.’" — 1963, Margery Allingham, “Foreword”, in The China Governess: A Mystery, London: Chatto & Windus, →OCLC:
"The San Juan market is Mexico City's most famous deli of exotic meats, where an adventurous shopper can hunt down hard-to-find critters such as ostrich, wild boar and crocodile. Only the city zoo offers greater species diversity." — 2013 July 26, Nick Miroff, “Mexico gets a taste for eating insects …”, in The Guardian Weekly, volume 189, number 7, page 32:
"Mixes [such as cake mixes, pancake mixes, or sauce mixes] are sometimes a reasonable alternative and sometimes not. […] Pancake mixes often offer no advantages at all. Nonetheless, there are times when you would be foolish not to use a mix. Perhaps a domestic emergency occurs. Perhaps cupcakes must be brought to school tomorrow morning, but when you stop at the market on your way home from work, you cannot remember whether you have baking powder, cream of tartar, baking soda, nutmeg, cake flour, chocolate, or vanilla on your shelf, or you want to go through the “five items or fewer” line. So you buy the mix. Only a glutton for punishment would do otherwise." — 1999, Cheryl Mendelson, Home Comforts: The Art and Science of Keeping House, Scribner, →ISBN, pages 45-46:
"There is a third thing to be considered: how a market can be created for produce, or how production can be limited to the capacities of the market." — 1848, John Stuart Mill, Principles of Political Economy: With Some of Their Applications to Social Philosophy. […], volume (please specify |volume=I or II), London: John W[illiam] Parker, […], →OCLC:

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CEFR Practice Quiz
Every Saturday, the local farmers sell fresh vegetables at the open-air ____.
CEFR Practice Quiz (Alternate)
We went to the local ____ to buy fresh fruits and vegetables for the week, which were very nice today.

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