market place
- noun
- /ˈmɑrkɪt pleɪs/
- Texting
- The app serves as a market place where local artisans can showcase their crafts for buyers around the world.
Examples
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I use an online market place to purchase organic groceries from various local farmers.
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She found a great deal on a new laptop at the online market place that compares prices from different sellers.
-
With Bitcoin, a mobile phone with an internet connection is now a bank, with access to the global market place.
How Large
- Texting
Surface Forms
Morphology
The meaning 'a place for commerce' is directly compositional from 'market' (commerce/trade) + 'place' (location), so a B1 learner who knows both constituents would readily infer it denotes where buying and selling occur. The modern extension to digital platforms is a transparent metaphorical widening of 'place' rather than an unpredictable idiom, so the overall sense remains derivable from the parts.
Etymology
Market place is used for websites and apps by comparing them to the old town market, where many sellers met in one place. That image of a shared 'place' with many shops explains why it means 'a website or app where different sellers offer goods and services'.