seller’s market
Definitions
Accounting
Commerce
- noun (written as seller's market)a market where the seller can ask high prices because there is a large demand for the product.
Construction
- (written as seller's market)A condition in which demand for goods is greater than supply, thereby giving sellers the upper hand in negotiations.
Economics
- noun (written as seller's market)a market where shares, commodities or products are sold at higher prices because there is less stock available than the buyers want.
Travel
- noun a market where a person selling goods or a service can ask high prices because there is a large demand for the product.
