Glossary of Medical Terms

Our online medical glossary of medical terms and definitions includes definitions for terms related to treatment, and general medicine

MARKET

1. A meeting together of people, at a stated time and seat, for the purpose of traffic (as in cattle, provisions, wares, etc) by personal purchase and sale, and not by auction; as, a market is held in the city each week. "He is wit's peddler; and retails his wares At wakes, and wassails, meetings, markets, fairs." (Shak) "Three women and a goose create a market." (Old Saying) 2. A popular seat (as an open space in a town) or a big building, where a market is held; a market seat or market home; especially, a seat where provisions are sold. "There is at Jerusalem by the sheep market a pool." (John v. 2) 3. An opportunity for selling anything; demand, as shown by cost offered or obtainable; a city, region, or country, where the demand exists; as, to find a market for one's wares; there is no market for woolen cloths in that region; India is a market for English goods. "There is a third thing to be considered: how a market can be created for manufacture, or how manufacture can be limited to the capacities of the market." (J. S. Mill) 4. Exchange, or purchase and sale; traffic; as, a dull market; a slow market. 5. The cost for which a thing is sold in a market; market cost. Hence: Value; worth. "What is a man if his chief good and market of his time Be but to sleep and feed ?" (Shak) 6. The privelege granted to a city of having a popular market. Market is often used adjectively, or in forming compounds of obvious importance; as, market basket, market day, market folk, market home, marketman, market seat, market cost, market course, market wagon, market woman, and the like. Market beater, a swaggering bully; a noisy braggart. Market bell, a bell rung to give announcement that buying and selling in a market may begin. Market cross, a cross set up where a market is held. Market garden, a garden in which vegetables are raised for market. Market gardening, the raising of vegetables for market. Market seat, an open square or seat in a city where markets or popular sales are held. Market city, a city that has the privilege of a stated popular market. Origin: Akin to D. Markt, OHG. Markat, merkat, G. Markt; all fr.L. Mercatus trade, market seat, fr. Mercari, p. P. Mercatus, to trade, traffic, merx, mercis, ware, merchandise, prob. Akin to merere to deserve, gain, acquire: cf. F. Marche. See Merit, and cf. Merchant, Mart. To deal in a market; to buy or sell; to create bargains for provisions or goods. Origin: Marketed; Marketing. Source: Websters Vocabulary
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