MARKET

Market

A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers. It can be said that a market is the process by which the prices of goods and services are established.

The above text is a snippet from Wikipedia: Market
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market

Noun

  1. City square or other fairly spacious site where traders set up stalls and buyers browse the merchandise.
  2. An organised, often periodic, trading event at such site.
  3. A group of potential customers for one's product.
  4. A geographical area where a certain commercial demand exists.
  5. A formally organized, sometimes monopolistic, system of trading in specified goods or effects.
  6. The sum total traded in a process of individuals trading for certain commodities.
  7. The price for which a thing is sold in a market; hence, value; worth.

Verb

  1. To make (products or services) available for sale and promote them.
    We plan to market an ecology model by next quarter.
  2. To sell
    ''We marketed more this quarter already then all last year!
  3. To deal in a market; to buy or sell; to make bargains for provisions or goods.


The above text is a snippet from Wiktionary: market
and as such is available under the Creative Commons Attribution/Share-Alike License.

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