Definition of: market

(mär′kit) noun
1. A place where merchandise is exposed for sale; specifically, an open space or a large building in a town or city, generally with stalls or designated positions occupied by different dealers, especially such a place for the sale of provisions: also market place.
2. A private store for the sale of provisions: a meat market.
3. The state of trade as determined by prices, supply, and demand; traffic: a brisk market.
4. A locality or country where anything can be bought or sold; a place where any commodity is in demand: the South American markets.
5. A gathering of people for selling and buying, especially of a particular commodity: the wheat market.
6. The value of a thing as determined by the price it will bring; value in general; worth.
—v.t.
1. To take or send to market for sale; sell.
—v.i.
2. To deal in a market; sell or buy.
3. To buy food. [OE <AF <L mercatus, orig. pp. of mercari trade <merx, mercis merchandise. Doublet of MART¹.]