market
pronunciation
How to pronounce market in British English: UK [ˈmɑːkɪt]
How to pronounce market in American English: US [ˈmɑːrkɪt]
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- Noun:
- the world of commercial activity where goods and services are bought and sold
- the securities markets in the aggregate
- the customers for a particular product or service
- a marketplace where groceries are sold
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- Verb:
- engage in the commercial promotion, sale, or distribution of
- buy household supplies
- deal in a market
- make commercial
Word Origin
- market
- market: [12] 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 [15] comes from early modern Dutch mart, a variant of markt ‘market’.=> commerce, mart, merchant, mercury
- market (n.)
- early 12c., "a meeting at a fixed time for buying and selling livestock and provisions," from Old North French market "marketplace, trade, commerce" (Old French marchiet, Modern French marché), from Latin mercatus "trading, buying and selling, trade, market" (source of Italian mercato, Spanish mercado, Dutch markt, German Markt), from past participle of mercari "to trade, deal in, buy," from merx (genitive mercis) "wares, merchandise," from Italic root *merk-, possibly from Etruscan, referring to various aspects of economics. Meaning "public building or space where markets are held" first attested mid-13c. Sense of "sales, as controlled by supply and demand" is from 1680s. Market value (1690s) first attested in writings of John Locke. Market economy is from 1948; market research is from 1921.
- market (v.)
- 1630s, from market (n.). Related: Marketed; marketing.