market basket noun [C]

(Economics )

a collection of different products that consumers buy regularly; the price paid for them. This is used to measure the cost of living:

A market basket of goods and services increased by only 1.8% last year.

The index is based on a market basket of goods purchased by the average household.

• tax loss
• taxman
• tax obligation
• taxpayer
• tax provision
• tax rate
• tax relief
• tax return
• tax sale
• tax schedule
• tax shelter
• tax subsidy
• tax take
• tax threshold
• tax year
• t.b.
• T.B.A
• T-bill
• T-bond
• TCN
• TCO
• t-commerce
• TCP
• team
• team building