different between market vs oligopoly

English

Etymology

From Middle English market, from late Old English market (“market”) and Old Northern French markiet (Old French marchié, modern marché); both ultimately from Latin merc?tus (“trade, market”), from mercor (“I trade, deal in, buy”), itself derived from merx (“wares, merchandise”), from the Italic root *merk-, possibly stemming from Etruscan, referring to various aspects of economics. Cognate with Old Frisian merkad, merked, marked, market (“market”), Middle Dutch market, marct (“market”), Old High German markat (“market”), Old Norse markaðr (“market”).

Pronunciation

• (UK) IPA^(key): /?m??k?t/
• (US) IPA^(key): /?m??k?t/, /?m??k?t/
• Hyphenation: mar?ket

Noun

market (plural markets)

1. A gathering of people for the purchase and sale of merchandise at a set time, often periodic.
   • 1949, Ludwig Von Mises, Human Action

     The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor.

2. City square or other fairly spacious site where traders set up stalls and buyers browse the merchandise.
3. A grocery store

4. A group of potential customers for one's product.

   • There is a third thing to be considered: how a market can be created for produce, or how production can be limited to the capacities of the market.

5. A geographical area where a certain commercial demand exists.

6. A formally organized, sometimes monopolistic, system of trading in specified goods or effects.
7. The sum total traded in a process of individuals trading for certain commodities.
8. (obsolete) The price for which a thing is sold in a market; hence, value; worth.

Synonyms

• bazaar
• fair
• mart
• arcade

Derived terms

Related terms

• mart
• mercantile
• merchant

Descendants

• ? Bengali: ??????? (marke?)
• ? Hindi: ??????? (m?rke?)
• ? Japanese: ????? (m?ketto)
• ? Kannada: ????????? (m?ruka??e)
• ? Korean: ?? (maket)
• ? Oriya: ???????? (marke?)
• ? Persian: ?????? (mârket)
• ? Urdu: ??????? (marke?)

Translations

Verb

market (third-person singular simple present markets, present participle marketing, simple past and past participle marketed)

1. (transitive) To make (products or services) available for sale and promote them.

   We plan to market an ecology model by next quarter.

2. (transitive) To sell

   We marketed more this quarter already than all last year!

3. (intransitive) To deal in a market; to buy or sell; to make bargains for provisions or goods.

Derived terms

• marketeer

Related terms

• marketer
• marketing campaign

Translations

References

• market at OneLook Dictionary Search
• market in Keywords for Today: A 21st Century Vocabulary, edited by The Keywords Project, Colin MacCabe, Holly Yanacek, 2018.
• market in The Century Dictionary, New York, N.Y.: The Century Co., 1911.

Finnish

Noun

market

1. Alternative form of marketti

Declension

Anagrams

• kermat

Old French

Alternative forms

• markiet

Etymology

See marchié.

Noun

market m (oblique plural markés, nominative singular markés, nominative plural market)

1. (Old Northern French) market; venue where goods are bought and sold

Polish

Etymology

From English market.

Pronunciation

• IPA^(key): /?mar.k?t/

Noun

market m inan

1. market (grocery store)

Declension

Further reading

• market in Wielki s?ownik j?zyka polskiego, Instytut J?zyka Polskiego PAN
• market in Polish dictionaries at PWN

Turkish

Etymology

From English market.

Pronunciation

• IPA^(key): /m??.cet/

Noun

market (definite accusative marketi, plural marketler)

1. market

Declension

English

Etymology

Derived, by analogy with monopoly, from Ancient Greek ?????? (olígoi, “few”) + ????? (p?lé?, “to sell”).From oligo- +? -poly

Pronunciation

• (UK) IPA^(key): /?l????p?li/
• (US) IPA^(key): /?l????p?li/

Noun

oligopoly (plural oligopolies)

1. An economic condition in which a small number of sellers exert control over the market of a commodity.

Related terms

• oligopolist, oligopolistic, oligopolistically, oligopolize

Related terms

• monopoly
• duopoly

Translations

See also

• duopoly
• monopoly
• oligopsony