Business, Legal & Accounting Glossary

Definition: Market

Full Definition of Market

The market is categorized into different sections depending upon the population. Consumers form the most important aspect of the market. There are different types of customers. For a better understanding of a particular market, it becomes absolutely essential to make a detailed study of its customers. This analysis is known as market segmentation.

There are different types of financial markets. These include commodity markets, capital markets, insurance markets, money markets, foreign exchange markets and derivatives markets. Capital markets include within itself bond markets and stock markets.

Market Types

Buyer’s Market

A market where the number of sellers exceeds the number of buyers. In such a market low price comes into existence due to excess of supply over demand.

Seller’s Market

Here the number of buyers exceeds the number of sellers.

Concepts Related To Market

Following are some important concepts that are related to the market. Those may be mentioned as below:

  • Two-sided market
  • Technically strong market
  • Stock market
  • Subprime market
  • Thin market
  • Systematic risk
  • Workout market
  • Walrasian market
  • Vertical market
  • Weighted average market capitalization
  • Third market maker
  • Technically weak market

Two-sided Market

A two-sided market is one where market makers are supposed to provide a firm bid and a firm ask for every security that is being marketed by them. This implies that market makers have to be able to sell and buy products or services at prices that have been quoted.

Stock Market

The stock market is a market for trading and issuing of shares. There are two main types of stock markets – over-the-counter markets and exchanges. The stock market is also known as the equity market as companies trade shares in their equities in these markets.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Market. Payroll & Accounting Heaven Ltd. May 25, 2020
Chicago Manual of Style (CMS):
Market. Payroll & Accounting Heaven Ltd. (accessed: May 25, 2020).
American Psychological Association (APA):
Market. Retrieved May 25, 2020, from website:

Definition Sources

Definitions for Market are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th March, 2020 | 2 Views.