internal market
noun
ukus [ S ] POLITICS, ECONOMICS
the system of free trade that exists between countries belonging to the European Union:
the EU/European internal market
Compare
single market
[ C ] HR, WORKPLACE
a system in which different departments within a company or an organization provide goods and services to each other:
The introduction of an internal market within the health service aimed to keep healthcare costs low by forcing hospitals to compete for patients.
[ C ] COMMERCE, ECONOMICS
a situation in which different companies within a particular country provide goods and services to each other:
Brazil has had a huge internal market for products and services, with companies there still enjoying good opportunities to achieve growth through domestic sales.
Compare
domestic market