market place

1. An area in a town where a public mercantile establishment is set up (synset 103727779)
   is a type of: mercantile establishment, outlet, retail store, sales outlet - a place of business for retailing goods
   subtypes:

   • agora, public square - a place of assembly for the people in ancient Greece
   • bazaar, bazar - a street of small shops (especially in Orient)
   • food market, grocery, grocery store, market - a marketplace where groceries are sold
   • 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
   same as: market, marketplace, mart
2. The world of commercial activity where goods and services are bought and sold (synset 101099197)
   "without competition there would be no market"; "they were driven from the marketplace"
   is a type of: activity - any specific behavior
   subtypes:

   • 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
   • seller's market, sellers' market - a market in which more people want to buy than want to sell
   • 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
   • 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
   has: business, business enterprise, commercial enterprise - the activity of providing goods and services involving financial and commercial and industrial aspects
   same as: market, marketplace

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