A1noun1K

Market

UK /["/ˈmɑːkɪt/"]/US /["/ˈmɑːrkɪt/"]/

Definition

an occasion when people buy and sell goods; the open area or building where they meet to do this

In simple words: A place where people buy and sell things.

Examples

  • I love going to the market on weekends to buy fresh fruits.
  • The farmers' market has many organic vegetables for sale.
  • She decided to market her handmade jewelry online.
  • The market for electric cars is growing rapidly.
  • They built a new market in the town center to attract more shoppers.

Usage notes

Use 'market' in both physical and virtual contexts. In business, 'market' can refer to a target audience. Avoid using it in overly casual conversations.

Grammar pattern

market + object (goods, ideas)

Memory hint

Think of a 'mark' on a 'map' where you buy and sell.

Collocations

  • open-air
  • outdoor
  • street
  • hold
  • go to
  • take something to
  • square
  • town
  • day
  • at a/​the market
  • in a/​the market
  • competitive
  • active
  • booming
  • put something on
  • come on
  • come onto
  • open up
  • boom
  • grow
  • price
  • value
  • conditions
  • in a/​the market
  • into a/​the market
  • on the market
  • be in the market for something
  • the bottom drops out of the market
  • the bottom falls out of the market
  • big
  • broad
  • good
  • create
  • target
  • reach
  • expand
  • grow
  • shrink
  • segment
  • niche
  • research
  • market for
  • big
  • broad
  • good
  • create
  • target
  • reach
  • expand
  • grow
  • shrink
  • segment
  • niche
  • research
  • market for
  • leave something to
  • regulate
  • deregulate
  • forces
  • economy
  • economics

Synonyms

  • demand

Antonyms

  • industry
  • factory
  • monopoly

Common mistakes

  • Confused with 'supermarket' which refers specifically to large food stores.
  • Using 'market' instead of 'marketplace', which implies a broader range of buying and selling.
  • Mispronouncing as 'mark-it' instead of 'mar-ket'.