marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

1

a

: an open square or place in a town where markets or public sales are held

b

: market

the marketplace is the interpreter of supply and demand

2

: the world of trade or economic activity : the everyday world

3

: a sphere in which intangible values compete for acceptance

the marketplace of ideas

Synonyms

• business
• commerce
• trade
• traffic

Examples of marketplace in a Sentence

Their products must compete in the marketplace.

The company has struggled to survive in a rapidly changing marketplace.

Recent Examples on the Web

The filing also highlights Upstart's efforts to manage risks associated with its loan portfolio, including credit risk and interest rate fluctuations, to ensure the stability and growth of its marketplace. —Quartz Bot, Quartz, 8 Nov. 2024

Customer relationships are at risk if designs, specs and order details are leaked, while exposing details about plant efficiency or other KPIs can put companies at a disadvantage in the marketplace. —Chris Turlica, Forbes, 5 Nov. 2024

The company will open a warehouse in Los Angeles in the first quarter of 2025 to service the region, and expand its department store wholesale and marketplace business. —Rhonda Richford, WWD, 4 Nov. 2024

The Consumer Financial Protection Bureau, a government agency that aims to ensure fairness in the marketplace, estimated in a report in July that school meal payment processors collect more than $100 million in transaction fees a year. —Elizabeth Chuck, NBC News, 4 Nov. 2024

Word History

First Known Use

14th century, in the meaning defined at sense 1a

Kids Definition

marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

1

: an open square or place in a town where markets are held

2

: the world of trade

Legal Definition

marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

: the economic system through which different companies compete with each other to sell their products