Definition of Market

Definition: A market is any place where the sellers of a particular good or service can meet with the buyers of that goods and service where there is a potential for a transaction to take place. The buyers must have something they can offer in exchange for there to be a potential transaction.

Terms related to Market:

• Free Market Economy
• Market Failure
• Complete Markets

About.Com Resources on Market:

• How Markets Use Information To Set Prices
• A Mixed Economy: The Role of the Market
• The Effects of a Black Market Using Supply and Demand

Writing a Term Paper? Here are a few starting points for research on Market:

Books on Market:

• Dictionary of Free-Market Economics
• Man, Economy, and State with Power and Market
• Democracy and the Market

Journal Articles on Market:

• The Econometrics of Financial Markets
• The Market for "Lemons": Quality Uncertainty and the Market Mechanism
• Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk