Marketplace: meaning, definitions and examples
๐
marketplace
[ หmษหrkษชtpleษชs ]
business
A marketplace is a location where goods and services are exchanged or sold. It can be a physical place, such as a shopping center or a street market, or a virtual platform where transactions occur online.
Synonyms
bazaar, market, trading center
Examples of usage
- I love visiting the marketplace on weekends to buy fresh produce.
- The marketplace for handmade crafts has grown significantly with the rise of online shopping.
- The marketplace is bustling with activity during the holiday season.
economics
In economics, a marketplace refers to the overall demand and supply conditions that influence the price and quantity of goods and services in a particular industry or sector.
Synonyms
commercial arena, market, trading environment
Examples of usage
- The marketplace for luxury cars is driven by consumer preferences and income levels.
- Marketplace competition can lead to innovation and lower prices for consumers.
Translations
Translations of the word "marketplace" in other languages:
๐ต๐น mercado
๐ฎ๐ณ เคฌเคพเคเคผเคพเคฐ
๐ฉ๐ช Marktplatz
๐ฎ๐ฉ pasar
๐บ๐ฆ ัะธะฝะพะบ
๐ต๐ฑ rynek
๐ฏ๐ต ๅธๅ ด (ใใกใฐ)
๐ซ๐ท marchรฉ
๐ช๐ธ mercado
๐น๐ท pazar
๐ฐ๐ท ์์ฅ (์์ฅ)
๐ธ๐ฆ ุณูู
๐จ๐ฟ trลพiลกtฤ
๐ธ๐ฐ trhovisko
๐จ๐ณ ๅธๅบ (shรฌchวng)
๐ธ๐ฎ trลพnica
๐ฎ๐ธ markaรฐur
๐ฐ๐ฟ ะฝะฐััา
๐ฌ๐ช แแแแแ แ
๐ฆ๐ฟ bazar
๐ฒ๐ฝ mercado
Etymology
The term 'marketplace' has its origins in the Old English word 'mearcstap', which referred to a meeting place or a place where goods were sold. Over time, the concept of marketplace evolved to encompass physical and virtual spaces where trade and commerce take place. The importance of marketplaces in facilitating economic exchange and connecting buyers and sellers has been a fundamental aspect of human societies throughout history.
See also: hypermarket, market, marketability, marketable, marketer, marketing, megamarket, supermarket, telemarketing.