market

/'mɑ:kɪt/ noun

1. an area where a product might be sold or the group of people who might buy a product

● There is no market for this product.

● Our share of the Far eastern market has gone down.

2. a place where money or commodities are traded

♦ global financial markets world-wide finance markets

● The global financial markets precipitated the Mexican crisis of 1994–95.

3.

♦ to buy shares in the open market to buy shares on the Stock Exchange, not privately

♦ to come to the market (of a company) to apply for a Stock Exchange listing, by offering some of the existing shares for sale, or by floating it as a new company

♦ sell at the market an instruction to stockbroker to sell shares at the best price possible

♦ to bring a company to the market to arrange the flotation of a company’s shares on the market

♦ to make a market in securities to offer to buy or sell securities on a selected list at any time

4. a place where shares are bought and sold

● The market in oil shares was very active or There was a brisk market in oil shares.

5.

♦ to go up market, to go down market to make products which appeal to a wealthy sec tion of the market or to a wider, less wealthy section of the market

■ verb

to sell a product, or to present and promote a product in a way which will help to sell it

● This product is being marketed in all European countries.

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‘…market analysts described the falls in the second half of last week as a technical correction to a market which had been pushed by demand to over the 900 index level’ [Australian Financial Review]