market

1 noun

1 PLACE TO BUY THINGS (C)

a) a place where people buy and sell goods, especially in an open area or a large building: There's a good antiques market here on Sundays. | I usually buy all my vegetables at the market. | street market (=with a lot of different people selling things from tables, stalls etc in the street)

b) AmE a shop that sells food and things for the home

2 the market

a) the stock market: Most analysts are forecasting a further downturn in the market. | play the market (=risk money on the stock market) | the markets (=stock markets around the world): The markets are nervous at the moment.

b) the total amount of trade in a particular kind of goods: Honda is trying to increase its share of the market. | the art/diamond/bond etc market: The art market is rather depressed. | the market in: the world market in aluminum

c) the system in which all prices and wages depend on what goods people want to buy, how many they buy etc: a naive belief in leaving everything to the market

3 on the market available for people to buy: There are thousands of different computer games on the market. | put a house/business etc on the market (=offer it for sale): We put our house on the market at the wrong time. | come onto the market (=become available for people to buy): a revolutionary new drug that has just come onto the market | on the open market (=generally available for people to buy without any official restrictions): In some areas, handguns were freely available on the open market.

4 COUNTRY/AREA (C) a particular country or area where a company sells its goods or where a particular type of goods is sold: Our main overseas market is Japan. | cars intended for the domestic market

(+ for): The main market for computer software is still in the US.

5 PEOPLE WHO BUY (singular) the number of people who want to buy something, or the kind of people who want to buy it

(+ for): The market for specialist academic books is pretty small. | there is a market for (=people want to buy a product): There isn't much of a market for second-hand mainframe computers.

6 be in the market for to be interested in buying something: Several terrorist groups were believed to be in the market for nuclear technology.

7 the job market/the labour market the number of jobs that are available: The job market has been badly hit by the recession.

8 a buyer's/seller's market a time that is better for buyers because prices are low, or better for sellers because prices are high

—see also: black market, flea market, corner the market corner 2 (3), price yourself out of the market price 2 (4) 2 verb (T)

1 to try to persuade people to buy a product by advertising it in a particular way, using attractive packages etc: The success of any beauty product depends on the way it is marketed.

2 to make a product available in shops: The turkeys are marketed ready-to-cook.