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|Noun||1.||market place - an area in a town where a public mercantile establishment is set up|
food market, grocery, grocery store, market - a marketplace where groceries are sold; "the grocery store included a meat market"
mercantile establishment, outlet, retail store, sales outlet - a place of business for retailing goods
market square, open-air market, open-air marketplace - a public marketplace where food and merchandise is sold
slave market - a marketplace where slaves were auctioned off (especially in the southern United States before the American Civil War)
agora - the marketplace in ancient Greece
|2.||market place - the world of commercial activity where goods and services are bought and sold; "without competition there would be no market"; "they were driven from the marketplace"|
activity - any specific behavior; "they avoided all recreational activity"
business enterprise, commercial enterprise, business - the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business"
black market - an illegal market in which goods or currencies are bought and sold in violation of rationing or controls
buyer's market, buyers' market, soft market - a market in which more people want to sell than want to buy
gray market, grey market - an unofficial market in which goods are bought and sold at prices lower than the official price set by a regulatory agency
labor market - the market in which workers compete for jobs and employers compete for workers
monopoly - (economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price you like"
monopsony - (economics) a market in which goods or services are offered by several sellers but there is only one buyer
oligopoly - (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