market
/'mɑ:kit/
Học thuậtThân thiện
Definition
Noun:
- A physical place for buying and selling goods: A specific location, often in a town or city, where people gather to sell and purchase items, especially food and other daily necessities.
- The trade or business in a particular commodity: The activity of buying and selling a specific type of good or service.
- The entire arena of commercial activity: The system or environment in which goods and services are produced, distributed, and consumed, often governed by supply and demand.
- The potential customers for a product or service: The group of people or organizations who might want to buy something.
Verb:
- To offer for sale: To present and sell goods or services in a commercial setting.
- To shop for goods, especially groceries: To go to a place to buy household supplies.
- To promote and sell a product: To engage in the business activities involved in making a product or service known and available for purchase.
Examples of Usage
Noun:
- The farmers bring their fresh produce to the market every Saturday morning.
- The housing market has been very active this year.
- Companies must understand their target market to succeed.
- New regulations have changed the entire market for renewable energy.
Verb:
- They market their handmade jewelry online and at local craft fairs.
- We need to market for vegetables and fruit for the week.
- The team is developing a new strategy to market the software to large businesses.
Advanced Usage
- "To be in the market for something": To be interested in buying something.
- I am in the market for a reliable used car.
- "To play the market": To speculate by buying and selling securities (like stocks).
- He made a fortune playing the market, but it's very risky.
- "To corner the market": To gain control over the supply of a particular commodity.
- The company tried to corner the market on rare earth minerals.
Variants and Related Words
- Marketable (adj): Able to be sold; attractive to buyers or employers.
- Her skills in digital design are highly marketable.
- Marketing (n): The action or business of promoting and selling products or services.
- She works in the marketing department.
- Marketplace (n): An open area where a market is held; the commercial world of competition.
- The app must succeed in a crowded digital marketplace.
Synonyms
- Bazaar (n): A market, especially in the Middle East.
- Mart (n): A trading center; a market.
- Commerce (n): The activity of buying and selling, especially on a large scale.
- Clientèle (n): The customers of a shop, restaurant, etc.
Related Phrasal Verbs
- Market to: To direct promotional efforts toward a specific group.
- The toy company markets primarily to children and their parents.
Related Idioms
- A buyer's market: A situation in which goods are plentiful and buyers have the advantage.
- With so many houses for sale, it's definitely a buyer's market.
- A seller's market: A situation in which goods are scarce and sellers have the advantage.
- During the shortage, it was a seller's market for building materials.
- On the market: Available for sale.
- Their house has been on the market for six months.
Noun
- an area in a town where a public mercantile establishment is set up
- the securities markets in the aggregate
- the market always frustrates the small investor
- a marketplace where groceries are sold
- the grocery store included a meat market
- the customers for a particular product or service
- before they publish any book they try to determine the size of the market for it
- the world of commercial activity where goods and services are bought and sold
- without competition there would be no market
- they were driven from the marketplace
Verb
- make commercial
- Some Amish people have commercialized their way of life
- deal in a market
- buy household supplies
- We go marketing every Saturday
- engage in the commercial promotion, sale, or distribution of
- The company is marketing its new line of beauty products