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market
/ˈmɑːrkɪt/
a place or system where goods and services are bought and sold
The local farmers' market offers fresh produce every Saturday.
This example shows a physical place where people buy and sell fresh food.
general
a place where goods and services are exchanged between buyers and sellers
The stock market fluctuates daily based on economic conditions.
This refers to the financial market where stocks are traded.
The term can refer to physical locations (like a farmers' market) or abstract systems (like the stock market).
Business
Business
the demand for a particular product or service
The company conducted market research to understand consumer needs.
This means studying the demand and preferences of potential customers.
In business, 'market' often refers to the potential customers for a product.
Business
to sell or promote a product or service
The startup is trying to market its new app to young professionals.
This means promoting the app to attract its target audience.
As a verb, 'market' means to sell or promote something.
Collocations
stock marketa market where stocks and shares are tradedtarget marketthe group of consumers a product is aimed atmarket sharethe percentage of a market controlled by a company
Related Phrases
Pro Tip
Noun vs. Verb
Remember that 'market' can be both a noun (a place or system) and a verb (to sell or promote).
Gold Rule
Context Matters
The meaning of 'market' changes based on context—physical place, economic system, or business action.
Word Origin
From Middle English 'markete', from Old French 'marche', from Latin 'mercatus' (marketplace), from 'merx' (merchandise).
Usage Notes
The word 'market' can be used as both a noun and a verb. As a noun, it refers to a place or system of exchange. As a verb, it means to sell or promote a product.
Word Breakdown
mercatus
marketplace
root-ate
to make or become
suffixEnglish Dictionary