1. A meeting together of people, at a stated time and place, for the purpose of traffic (as in cattle, provisions, wares, etc) by private purchase and sale, and not by auction; as, a market is held in the town every week. "He is wit's peddler; and retails his wares At wakes, and wassails, meetings, markets, fairs." (Shak) "Three women and a goose make a market." (Old Saying)
2. A public place (as an open space in a town) or a large building, where a market is held; a market place or market house; especially, a place where provisions are sold. "There is at Jerusalem by the sheep market a pool." (John v. 2)
3. An opportunity for selling anything; demand, as shown by price offered or obtainable; a town, region, or country, where the demand exists; as, to find a market for one's wares; there is no market for woolen cloths in that region; India is a market for English goods. "There is a third thing to be considered: how a market can be created for produce, or how production can be limited to the capacities of the market." (J. S. Mill)
6. The privelege granted to a town of having a public market.
Market is often used adjectively, or in forming compounds of obvious meaning; as, market basket, market day, market folk, market house, marketman, market place, market price, market rate, market wagon, market woman, and the like. Market beater, a swaggering bully; a noisy braggart. Market bell, a bell rung to give notice that buying and selling in a market may begin. Market cross, a cross set up where a market is held. Market garden, a garden in which vegetables are raised for market. Market gardening, the raising of vegetables for market. Market place, an open square or place in a town where markets or public sales are held. Market town, a town that has the privilege of a stated public market.
Origin: Akin to D. Markt, OHG. Markat, merkat, G. Markt; all fr.L. Mercatus trade, market place, fr. Mercari, p. P. Mercatus, to trade, traffic, merx, mercis, ware, merchandise, prob. Akin to merere to deserve, gain, acquire: cf. F. Marche. See Merit, and cf. Merchant, Mart.
Origin: Marketed; Marketing.
(01 Mar 1998)
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