Meaning | The world of commercial activity where goods and services are bought and sold. |
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Synonyms | market, marketplace |
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Parts | commercial enterprise, business enterprise, business | The activity of providing goods and services involving financial and commercial and industrial aspects |
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Narrower | black market | An illegal market in which goods or currencies are bought and sold in violation of rationing or controls |
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buyer's market, buyers' market, soft market | A market in which more people want to sell than want to buy |
grey market, gray market | An unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency |
labor market | The market in which workers compete for jobs and employers compete for workers |
monopoly | (economics) a market in which there are many buyers but only one seller |
monopsony | (economics) a market in which goods or services are offered by several sellers but there is only one buyer |
oligopoly | (economics) a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices / prices and affect competitors |
seller's market, sellers' market | A market in which more people want to buy than want to sell |
Broader | activity | Any specific behavior |
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Spanish | mercado |
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Catalan | mercat |
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