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entity go
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
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abstraction, abstract entity go
a general concept formed by extracting common features from specific examples
a general concept formed by extracting common features from specific examples
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market, marketplace, market place
the world of commercial activity where goods and services are bought and sold
the world of commercial activity where goods and services are bought and sold
noun.act
8 Subcategories
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black market go
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 go
a market in which more people want to sell than want to buy
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grey market, gray market go
an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
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seller's market, sellers' market go
a market in which more people want to buy than want to sell
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labor market go
the market in which workers compete for jobs and employers compete for workers
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monopoly go
(economics) a market in which there are many buyers but only one seller
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monopsony go
(economics) a market in which goods or services are offered by several sellers but there is only one buyer
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oligopoly go
(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 and affect competitors