market

Definitions

General English

  • noun a place where products such as fruit and vegetables are sold from small tables, often in the open air
  • noun the activity of trading in goods
  • verb to sell products using marketing techniques

Accounting

  • noun the possible sales of a specific product or demand for a specific product
  • noun a place where money or commodities are traded

Banking

  • noun a place where shares are bought and sold
  • verb to sell a product, or to present and promote a product in a way which will help to sell it

Commerce

  • noun a place, often in the open air where farm produce and household goods are sold

Economics

  • verb to sell a product in or to a market

Health Economics

  • (written as Market)
    There is a sense in which 'the market' as an abstraction or as a real-world phenomenon lies at the heart of neoclassical economics, which has focused greatly on understanding the market's regularities, oddities, successes and injustices, in equal measures of positive and normative theory, sometimes explicit, sometimes implicit, often bits of both. The literature is vast.

Information & Library Science

  • noun the number of people wishing to buy a product or the area of the world where it is sold
  • verb to organise the sale of a product by deciding the price, the areas where it will be sold and how it will be advertised

Media Studies

  • noun the number of potential buyers for a particular product

Politics

  • noun a place where a product might be sold or a group of people who might buy a product
  • noun the trade or business in a particular type of goods
  • noun the economic system of buying and selling goods

Real Estate

  • noun the demand for goods or services being offered for sale.

Travel

  • noun demand for or possible sales of a particular type of product
  • verb to sell something

Origin & History of “market”

The Latin word for ‘goods to be sold’ was merx (source of English commerce, merchant, and mercury). From it was derived the verb mercārī ‘buy’, and its past participle produced the noun mercātus ‘trade, market’. In vulgar Latin this became *marcātus, which was adopted into early middle English as market. The now seldom used synonym mart (15th c.) comes from early modern Dutch mart, a variant of markt ‘market’.
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