market
♦♦♦ mar|ket /m'ɑːrkɪt/ (markets marketing marketed)
1 [N-COUNT]
A market is a place where goods are bought and sold, usually outdoors.
He sold boots on a market stall.
2 [N-COUNT] usu sing, with supp, oft N for/in n
The market for a particular type of thing is the number of people who want to buy it, or the area of the world in which it is sold. (BUSINESS)
The foreign market was increasingly crucial.
...the Russian market for personal computers...
3 [N-SING] the N
The market refers to the total amount of a product that is sold each year, especially when you are talking about the competition between the companies who sell that product. (BUSINESS)
The two big companies control 72% of the market.
4 [ADJ] ADJ n
If you talk about a market economy, or the market price of something, you are referring to an economic system in which the prices of things depend on how many are available and how many people want to buy them, rather than prices being fixed by governments. (BUSINESS)
Their ultimate aim was a market economy for Hungary...
He must sell the house for the current market value.
...the market price of cocoa.
5 [VERB] V n, be V-ed as n
To market a product means to organize its sale, by deciding on its price, where it should be sold, and how it should be advertised. (BUSINESS)
...if you marketed our music the way you market pop music...
...if a soap is marketed as an anti-acne product.
6 [N-SING] the n N
The job market or the labour market refers to the people who are looking for work and the jobs available for them to do. (BUSINESS)
Every year, 250,000 people enter the job market.
...the changes in the labour market during the 1980s.
7 [N-SING] the N
The stock market is sometimes referred to as the market. (BUSINESS)
The market collapsed last October.
8
see also black market, market forces,
9 [PHRASE] v-link PHR
If you say that it is a buyer's market, you mean that it is a good time to buy a particular thing, because there is a lot of it available, so its price is low. If you say that it is a seller's market, you mean that very little of it is available, so its price is high. (BUSINESS)
Don't be afraid to haggle: for the moment, it's a buyer's market...
10 [PHRASE] v-link PHR, PHR n
If you are in the market for something, you are interested in buying it.
If you're in the market for a new radio, you'll see that the latest models are very different.
11 [PHRASE] v-link PHR, PHR after v
If something is on the market, it is available for people to buy. If it comes onto the market, it becomes available for people to buy. (BUSINESS)
...putting more empty offices on the market.
...new medicines that have just come onto the market.
12 [PHRASE] V inflects
If you price yourself out of the market, you try to sell goods or services at a higher price than other people, with the result that no one buys them from you. (BUSINESS)
At £150,000 for a season, he really is pricing himself out of the market.bear mar|ket (bear markets)
[N-COUNT]
A bear market is a situation on the stock market when people are selling a lot of shares because they expect that the shares will decrease in value and that they will be able to make a profit by buying them again after a short time. Compare bull market. (BUSINESS)
≠ bull marketblack mar|ket (black markets)
[N-COUNT]
If something is bought or sold on the black market, it is bought or sold illegally.
There is a plentiful supply of arms on the black market.bull mar|ket (bull markets)
[N-COUNT]
A bull market is a situation on the stock market when people are buying a lot of shares because they expect that the shares will increase in value and that they will be able to make a profit by selling them again after a short time. Compare bear market. (BUSINESS)buy|er's mar|ket
[N-SING]
When there is a buyer's market for a particular product, there are more of the products for sale than there are people who want to buy them, so buyers have a lot of choice and can make prices come down. (BUSINESS)cat|tle mar|ket (cattle markets)
1 [N-COUNT]
A cattle market is a market where cattle are bought and sold.
2 [N-COUNT]
If you refer to an event such as a disco or a beauty contest as a cattle market, you disapprove of it because women are considered there only in terms of their sexual attractiveness.com|mon mar|ket (common markets)
1 [N-COUNT]
A common market is an organization of countries who have agreed to trade freely with each other and make common decisions about industry and agriculture. (BUSINESS)
...the Central American Common Market.
2 [N-PROPER] the N
The Common Market is the former name of the European Union. Some people still refer to the European Union as the Common Market.farm|ers' mar|ket (farmers' markets)
also farmers market
[N-COUNT]
A farmers' market is a market where food growers sell their produce directly to the public.flea mar|ket (flea markets)
[N-COUNT]
A flea market is an outdoor market which sells cheap used goods and sometimes also very old furniture.free mar|ket (free markets)
[N-COUNT] usu sing
A free market is an economic system in which business organizations decide things such as prices and wages, and are not controlled by the government. (BUSINESS)
...the creation of a free market.
...free market economies.grey mar|ket (grey markets)
in AM, use gray market
1 [N-SING] oft N n, the N
Grey market goods are bought unofficially and then sold to customers at lower prices than usual. (BUSINESS)
Grey-market perfumes and toiletries are now commonly sold by mail.
2 [N-SING] oft N n, the N
Grey market shares are sold to investors before they have been officially issued. (BUSINESS)
At one point last week shares in the grey market touched 230p.la|bour mar|ket (labour markets)
[N-COUNT] usu sing
When you talk about the labour market, you are referring to all the people who are able to work and want jobs in a country or area, in relation to the number of jobs there are available in that country or area. (BUSINESS)
The longer people have been unemployed, the harder it is for them to compete in the labour market.mar|ket forces
[N-PLURAL]
When politicians and economists talk about market forces, they mean the economic factors that affect the availability of goods and the demand for them, without any help or control by governments. (BUSINESS)
...opening the economy to market forces and increasing the role of private enterprise.mar|ket gar|den (market gardens)
[N-COUNT]
A market garden is a small farm where vegetables and fruit are grown for sale. (mainly BRIT; in AM, use truck farm)mar|ket lead|er (market leaders)
[N-COUNT]
A market leader is a company that sells more of a particular product or service than most of its competitors do. (BUSINESS)
We are becoming one of the market leaders in the fashion industry.mar|ket re|search
[N-UNCOUNT]
Market research is the activity of collecting and studying information about what people want, need, and buy. (BUSINESS)
A new all-woman market research company has been set up to find out what women think about major news and issues.mar|ket share (market shares)
[N-VAR] oft with poss
A company's market share in a product is the proportion of the total sales of that product that is produced by that company. (BUSINESS)
Ford has been gaining market share this year at the expense of GM.mar|ket test (market tests market testing market tested)
1 [N-COUNT]
If a company carries out a market test, it asks a group of people to try a new product or service and give their opinions on it. (BUSINESS)
Results from market tests in the US and Europe show little enthusiasm for the product.
2 [VERB] V n
If a new product or service is market tested, a group of people are asked to try it and then asked for their opinions on it. (BUSINESS)
The company uses the simulator to market test new designs.
● market testing [N-UNCOUNT]
They learnt a lot from the initial market testing exercise.mar|ket town (market towns)
[N-COUNT]
A market town is a town, especially in a country area, that has or used to have a market in it.mass mar|ket (mass markets)
1 [N-COUNT]
Mass market is used to refer to the large numbers of people who want to buy a particular product. (BUSINESS)
They now have access to the mass markets of Japan and the UK.
2 [ADJ] ADJ n
Mass-market products are designed and produced for selling to large numbers of people. (BUSINESS)
...mass-market paperbacks.mon|ey mar|ket (money markets)
[N-COUNT]
A country's money market consists of all the banks and other organizations that deal with short-term loans, capital, and foreign exchange. (BUSINESS)
On the money markets the dollar was weaker against European currencies.open mar|ket
[N-SING] the N
Goods that are bought and sold on the open market are advertised and sold to anyone who wants to buy them. (BUSINESS)
The Central Bank is authorized to sell government bonds on the open market.sel|ler's mar|ket
[N-SING]
When there is a seller's market for a particular product, there are fewer of the products for sale than people who want to buy them, so buyers have little choice and prices go up. (BUSINESS)♦ stock mar|ket (stock markets)
[N-COUNT] the N
The stock market consists of the general activity of buying stocks and shares, and the people and institutions that organize it. (BUSINESS)
The company's shares promptly fell by 300 lire on the stock market.tar|get mar|ket (target markets)
[N-COUNT]
A target market is a market in which a company is trying to sell its products or services. (BUSINESS)
We decided that we needed to change our target market from the over-45s to the 35-45s.
1 [N-COUNT]
A market is a place where goods are bought and sold, usually outdoors.
He sold boots on a market stall.
2 [N-COUNT] usu sing, with supp, oft N for/in n
The market for a particular type of thing is the number of people who want to buy it, or the area of the world in which it is sold. (BUSINESS)
The foreign market was increasingly crucial.
...the Russian market for personal computers...
3 [N-SING] the N
The market refers to the total amount of a product that is sold each year, especially when you are talking about the competition between the companies who sell that product. (BUSINESS)
The two big companies control 72% of the market.
4 [ADJ] ADJ n
If you talk about a market economy, or the market price of something, you are referring to an economic system in which the prices of things depend on how many are available and how many people want to buy them, rather than prices being fixed by governments. (BUSINESS)
Their ultimate aim was a market economy for Hungary...
He must sell the house for the current market value.
...the market price of cocoa.
5 [VERB] V n, be V-ed as n
To market a product means to organize its sale, by deciding on its price, where it should be sold, and how it should be advertised. (BUSINESS)
...if you marketed our music the way you market pop music...
...if a soap is marketed as an anti-acne product.
6 [N-SING] the n N
The job market or the labour market refers to the people who are looking for work and the jobs available for them to do. (BUSINESS)
Every year, 250,000 people enter the job market.
...the changes in the labour market during the 1980s.
7 [N-SING] the N
The stock market is sometimes referred to as the market. (BUSINESS)
The market collapsed last October.
8
see also black market, market forces,
9 [PHRASE] v-link PHR
If you say that it is a buyer's market, you mean that it is a good time to buy a particular thing, because there is a lot of it available, so its price is low. If you say that it is a seller's market, you mean that very little of it is available, so its price is high. (BUSINESS)
Don't be afraid to haggle: for the moment, it's a buyer's market...
10 [PHRASE] v-link PHR, PHR n
If you are in the market for something, you are interested in buying it.
If you're in the market for a new radio, you'll see that the latest models are very different.
11 [PHRASE] v-link PHR, PHR after v
If something is on the market, it is available for people to buy. If it comes onto the market, it becomes available for people to buy. (BUSINESS)
...putting more empty offices on the market.
...new medicines that have just come onto the market.
12 [PHRASE] V inflects
If you price yourself out of the market, you try to sell goods or services at a higher price than other people, with the result that no one buys them from you. (BUSINESS)
At £150,000 for a season, he really is pricing himself out of the market.bear mar|ket (bear markets)
[N-COUNT]
A bear market is a situation on the stock market when people are selling a lot of shares because they expect that the shares will decrease in value and that they will be able to make a profit by buying them again after a short time. Compare bull market. (BUSINESS)
≠ bull marketblack mar|ket (black markets)
[N-COUNT]
If something is bought or sold on the black market, it is bought or sold illegally.
There is a plentiful supply of arms on the black market.bull mar|ket (bull markets)
[N-COUNT]
A bull market is a situation on the stock market when people are buying a lot of shares because they expect that the shares will increase in value and that they will be able to make a profit by selling them again after a short time. Compare bear market. (BUSINESS)buy|er's mar|ket
[N-SING]
When there is a buyer's market for a particular product, there are more of the products for sale than there are people who want to buy them, so buyers have a lot of choice and can make prices come down. (BUSINESS)cat|tle mar|ket (cattle markets)
1 [N-COUNT]
A cattle market is a market where cattle are bought and sold.
2 [N-COUNT]
If you refer to an event such as a disco or a beauty contest as a cattle market, you disapprove of it because women are considered there only in terms of their sexual attractiveness.com|mon mar|ket (common markets)
1 [N-COUNT]
A common market is an organization of countries who have agreed to trade freely with each other and make common decisions about industry and agriculture. (BUSINESS)
...the Central American Common Market.
2 [N-PROPER] the N
The Common Market is the former name of the European Union. Some people still refer to the European Union as the Common Market.farm|ers' mar|ket (farmers' markets)
also farmers market
[N-COUNT]
A farmers' market is a market where food growers sell their produce directly to the public.flea mar|ket (flea markets)
[N-COUNT]
A flea market is an outdoor market which sells cheap used goods and sometimes also very old furniture.free mar|ket (free markets)
[N-COUNT] usu sing
A free market is an economic system in which business organizations decide things such as prices and wages, and are not controlled by the government. (BUSINESS)
...the creation of a free market.
...free market economies.grey mar|ket (grey markets)
in AM, use gray market
1 [N-SING] oft N n, the N
Grey market goods are bought unofficially and then sold to customers at lower prices than usual. (BUSINESS)
Grey-market perfumes and toiletries are now commonly sold by mail.
2 [N-SING] oft N n, the N
Grey market shares are sold to investors before they have been officially issued. (BUSINESS)
At one point last week shares in the grey market touched 230p.la|bour mar|ket (labour markets)
[N-COUNT] usu sing
When you talk about the labour market, you are referring to all the people who are able to work and want jobs in a country or area, in relation to the number of jobs there are available in that country or area. (BUSINESS)
The longer people have been unemployed, the harder it is for them to compete in the labour market.mar|ket forces
[N-PLURAL]
When politicians and economists talk about market forces, they mean the economic factors that affect the availability of goods and the demand for them, without any help or control by governments. (BUSINESS)
...opening the economy to market forces and increasing the role of private enterprise.mar|ket gar|den (market gardens)
[N-COUNT]
A market garden is a small farm where vegetables and fruit are grown for sale. (mainly BRIT; in AM, use truck farm)mar|ket lead|er (market leaders)
[N-COUNT]
A market leader is a company that sells more of a particular product or service than most of its competitors do. (BUSINESS)
We are becoming one of the market leaders in the fashion industry.mar|ket re|search
[N-UNCOUNT]
Market research is the activity of collecting and studying information about what people want, need, and buy. (BUSINESS)
A new all-woman market research company has been set up to find out what women think about major news and issues.mar|ket share (market shares)
[N-VAR] oft with poss
A company's market share in a product is the proportion of the total sales of that product that is produced by that company. (BUSINESS)
Ford has been gaining market share this year at the expense of GM.mar|ket test (market tests market testing market tested)
1 [N-COUNT]
If a company carries out a market test, it asks a group of people to try a new product or service and give their opinions on it. (BUSINESS)
Results from market tests in the US and Europe show little enthusiasm for the product.
2 [VERB] V n
If a new product or service is market tested, a group of people are asked to try it and then asked for their opinions on it. (BUSINESS)
The company uses the simulator to market test new designs.
● market testing [N-UNCOUNT]
They learnt a lot from the initial market testing exercise.mar|ket town (market towns)
[N-COUNT]
A market town is a town, especially in a country area, that has or used to have a market in it.mass mar|ket (mass markets)
1 [N-COUNT]
Mass market is used to refer to the large numbers of people who want to buy a particular product. (BUSINESS)
They now have access to the mass markets of Japan and the UK.
2 [ADJ] ADJ n
Mass-market products are designed and produced for selling to large numbers of people. (BUSINESS)
...mass-market paperbacks.mon|ey mar|ket (money markets)
[N-COUNT]
A country's money market consists of all the banks and other organizations that deal with short-term loans, capital, and foreign exchange. (BUSINESS)
On the money markets the dollar was weaker against European currencies.open mar|ket
[N-SING] the N
Goods that are bought and sold on the open market are advertised and sold to anyone who wants to buy them. (BUSINESS)
The Central Bank is authorized to sell government bonds on the open market.sel|ler's mar|ket
[N-SING]
When there is a seller's market for a particular product, there are fewer of the products for sale than people who want to buy them, so buyers have little choice and prices go up. (BUSINESS)♦ stock mar|ket (stock markets)
[N-COUNT] the N
The stock market consists of the general activity of buying stocks and shares, and the people and institutions that organize it. (BUSINESS)
The company's shares promptly fell by 300 lire on the stock market.tar|get mar|ket (target markets)
[N-COUNT]
A target market is a market in which a company is trying to sell its products or services. (BUSINESS)
We decided that we needed to change our target market from the over-45s to the 35-45s.