English Reference
noun · verb

market

n. · v.
US /ˈmɑɹkət/ UK /mˈɑːkɪt/ mar·ket UK spelling marketed, markets

  1. 01 A1 Beginner

    n.a place where people meet to buy and sell things, often from small tables or stalls.

    n.a physical location, often outdoors or in a large hall, where multiple vendors set up stalls to sell merchandise.

    Simple

    We bought fresh bread and local honey at the outdoor market on Saturday.

    In context

    The city council recently renovated the historic covered market to accommodate more local artisans and organic food producers.

  2. 02 A2 Elementary American English

    n.a shop that sells food and household items.

    n.a retail establishment, such as a grocery store or supermarket, selling food and domestic supplies.

    Simple

    I need to stop at the market on my way home to get some milk.

    In context

    The small corner market remains a vital resource for elderly residents who cannot travel to the larger supermarkets on the outskirts of town.

  3. 03 B1 Intermediate Economics

    n.the group of people who might want to buy a particular product.

    n.a specific demographic or group of potential consumers for a particular product or service.

    Simple

    The company is trying to reach a younger market with its new smartphone.

    In context

    Market research suggests that there is a significant untapped market for luxury eco-tourism among retirees in Northern Europe.

  4. 04 B2 Upper Intermediate Economics

    n.the business of buying and selling a specific type of product.

    n.the abstract system or sector of commercial activity for specific goods or securities.

    Simple

    The housing market has been very slow this year because of high interest rates.

    In context

    Fluctuations in the global oil market have a direct and immediate impact on the operating costs of international shipping companies.

  5. 05 B1 Intermediate

    v.to advertise and try to sell a product to people.

    v.to promote or make a product available for sale through advertising and strategic positioning.

    Simple

    They are marketing the new drink as a healthy alternative to soda.

    In context

    The studio struggled to market the film effectively because it didn't fit neatly into a single genre like horror or comedy.

Usage markets like · market in the city's · market research

This entry
Level A1 · Beginner
Frequency Very common
Updated