Pronunciation: (mär'kit),[key] —n. 1. an open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace: a farmers' market. 2. a store for the sale of food: a meat market. 3. a meeting of people for selling and buying.
4. the assemblage of people at such a meeting.
5. trade or traffic, esp. as regards a particular commodity: the market in cotton. 6. a body of persons carrying on extensive transactions in a specified commodity: the cotton market. 7. the field of trade or business: the best shoes in the market. 8. demand for a commodity: an unprecedented market for leather. 9. a body of existing or potential buyers for specific goods or services: the health-food market. 10. a region in which goods and services are bought, sold, or used: the foreign market; the New England market. 11. current price or value: a rising market for shoes. 12. See stock market. 13. at the market, at the prevailing price in the open market.
14. in the market for, ready to buy; interested in buying: I'm in the market for a new car. 15. on the market, for sale; available: Fresh asparagus will be on the market this week.
—v.i. 1. to buy or sell in a market; deal.
2. to buy food and provisions for the home.
—v.t. 1. to carry or send to market for disposal: to market produce every week. 2. to dispose of in a market; sell.