Market
/ˈmɑːrkɪt/
Definitions
- (n.) A regular gathering place where goods and services are bought and sold.
The farmers sell fresh produce at the local market every weekend.
- (n.) The aggregate of potential buyers and sellers for a particular product or service.
The company aims to expand its market for electric vehicles.
- (v.) To advertise or promote a product or service to consumers.
The startup markets its app through social media campaigns.
Forms
- markets
- marketed
- marketing
Related terms
Commentary
In legal contexts, the term often pertains to economic activities subject to regulation and competition law.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.