market
noun
uk/ˈmɑːkɪt/ us [ C ] ECONOMICS, COMMERCE
the business or activity of buying and selling a particular product or service:
the car/coffee/telecoms, etc. market The telecoms market is evolving rapidly.
the market in/for sth The battle for control of the London Stock Exchange aims to create a truly global market in shares.
We need to increase our share of the market.
Difficult market conditions contributed to a 9% decline in first-half profits.
the US/local/world market The company claims to hold half of the US market by volume.
booming/competitive/buoyant markets
depressed/falling/weak markets
to break into/capture/enter the market
[ C ] COMMERCE
a part of the world where something is or might be sold, or a particular group of people who buy or might buy something:
The emerging market where we see perhaps our strongest opportunity is China.
create/find/open up a market The consoles are sold at the lowest possible price to create a market for profitable games.
break into/enter/penetrate a market They've wanted to break into the market in Asia for some time.
develop/expand/pursue markets We give the highest importance to expanding markets for existing products.
a changing/growing/expanding market Time-share companies have adapted their sales packages to a changing market.
an export/international/overseas market
the corporate/teenage/youth market
market information/assessment
[ C ] COMMERCE
demand for a product or service, or the number of possible buyers for it:
a market for sth Is there still a market for fax machines since the advent of email?
the domestic/global/world market The domestic market is still depressed.
a big/large/growing market The subsidies created a big market for wind-turbine manufacturers in Europe.
the market
[ S ] ECONOMICS
an economic system in which prices, salaries, employment, etc. are decided by how much people want and will pay for goods and services:
His policy on pricing was to let the market decide.
[ C ] STOCK MARKET, FINANCE (also financial market); (also stock market)
the activity of buying and selling shares, bonds, commodities (= products that can be traded), currencies, etc., or a place where this is done:
Some investors gain unfair advantage by changing orders after markets have closed.
If the market rises by 20% over the year, it means that the firm's income rises automatically by the same amount.
Asian markets made strong gains overnight.
on a/the market On the Chicago market, a bushel of wheat fell to 262.50 cents from 271.75 cents.
trading on foreign markets
[ C ] COMMERCE
a place or event at which people meet in order to buy and sell things:
a covered/an outdoor/a street market
a market stall/trader
[ C ] COMMERCE US
a store that sells mainly food:
Can you stop at the market to buy some milk?
be first, etc. to market
COMMERCE
to be first, etc. to have a product ready for sale:
For some companies, being first to market is often more important than having the best product.
bring, get, etc. sth to market
COMMERCE
to arrive at the point where a product is ready to be sold:
If all goes well, the company hopes to bring the product to market in about two years.
come/go to (the) market
COMMERCE
to offer a new product for sale for the first time, or to be offered for sale for the first time:
The big food processing company tests ingredients like cooking oil before they go to market.
STOCK MARKET
to begin selling shares, etc. on a stock exchange, or to begin to be sold on a stock exchange:
The company came to market in July, hitting a closing peak of 247p this week.
We expect the company to be valued at about £80m when the shares come to market on May 22.
corner the market (in/on sth)
COMMERCE
to be more successful than any other company at selling a particular type of product:
They have cornered the market in cheap flights.
get to market
COMMERCE
if a product gets to market, it is ready to be sold:
Better drugs can always get to market, ensuring patients access to the best medicine.
in the market for sth
interested in buying something:
Consumers in the market for a new car may turn to more fuel-efficient options.
make a market
STOCK MARKET
to deal in shares, bonds, etc. (= buy and sell them for others), so that buyers do not have to find sellers directly:
Most of the main dealing banks will make markets only with real investors, not traders.
on/onto the market
COMMERCE
available to be bought:
They put their house on the market, but it hasn't sold.
This is the best mortgage rate available on the market at the present time.
The number of properties coming onto the market also remained little changed.
play the market
FINANCE, STOCK MARKET
to risk money buying and selling shares, etc.:
He had an instinct for finance, subscribed to the Wall Street Journal, and played the market.
price yourself/sb/sth out of the market
COMMERCE
to charge so much for a product or service that nobody wants or is able to buy it:
There are concerns that London is pricing itself out of the market as a European business base.
Sharp rises in house prices in recent years are increasingly pricing many people out of the market.
See also
bear market
black market
bond market
bull market
buyer's market
capital market
cash market
closed market
commodity market
credit market
curb market
currency market
discount market
domestic market
efficient market
equity market
exchange market
export market
farmer's market
flea market
foreign exchange market
forward market
free market
futures market
gilt-edged market
global market
graveyard market
the grey market
housing market
imperfect market
insurance market
investment-grade market
job market
kerb market
labour market
loan market
luxury market
main market
mass market noun
middle-market
money market
mortgage market
niche market
open market
options market
over-the-counter market
parallel market
perfect market
primary market
the property market
secondary market
securities market
seller's market
shadow market
single market
spot market
stock market
swaps market
target market
terminal market
test market
third market
market
verb [ T ]
MARKETING, COMMERCE uk/ˈmɑːkɪt/ usto offer products for sale to buyers:
The two companies have formed a partnership to jointly market the range of drugs.
to encourage people to buy more of a particular product, for example by advertising:
market sth as sth Food marketed as lower fat has been proved to lull us into a false sense of security.
market sth to sb The tobacco companies say they do not market their products to children.
The company has to modernize how it markets its chocolate, taking into account parent concerns about obesity and high-sugar snacks.