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'.