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nonmarket

nonmarket

6.1
Not related to buying and selling, for example family work or public services
  • adjective
  • /ˌnɒnˈmɑːrkɪt/
  • Specialized
translation icon : no comercial
  • Applying the stewardship metaphor takes into account a broader suite of values and drivers of behavior from moral, ethical, and ecosystem-health perspectives, which can broadly be categorized as nonmarket perspectives.
  • nonmarket valuation

Examples

  • The nonmarket contributions of volunteers significantly enhance community services and resources.

  • When and if using monetary measures for valuation is desirable, attention should also be given to the most appropriate design of nonmarket valuation.

    Academic text (2012)
  • The question then turns to the possibility of creating a viable nontraditional, noncentralized, and nonmarket system.

    Academic text (1992)
  • Consider the most appropriate design of nonmarket valuation (e.g., choice experiments).

    Academic text (2012)
  • Antidumping measures on steel, which resulted in reduced exports to the U.S. market in the late 1990s, provoked market and nonmarket political responses by steel producers in East Asia.

    Academic text (2003)
  • Katharine Abraham and Christopher Mackie (2005) and William Nordhaus (2006) discuss the need for nonmarket satellite accounts.

    Academic text (2016)
  • One political possibility, negotiated in the public sector, is to provide women full credit for their nonmarket labor in pension schemes; the second, which involves intervention into the private lives of individuals, requires equalizing nonmarket work between men and women so that the losses associated with caring for the family are redistributed between men and women.

    Academic text (1990)
  • Others emphasize that the question of commodification is almost entirely beside the point, rejecting anti-commodification theory that presupposes a problematic assumption that market and nonmarket relationships represent "hostile worlds." (49)

    Academic text (2018)
  • Many families rely on nonmarket activities, like caring for children and the elderly, to support their households.

  • Researchers often evaluate the impact of nonmarket goods, such as environmental benefits, that are not traded in commercial markets.

Synonyms

noncommercial
vsnonmarket
3 4.4

Not intended to make money

means absence of market relation rather than lack of profit intent
nontrade
vsnonmarket
6.3

Not related to buying or selling, for example education and healthcare

is limited to lack of market relation rather than general business absence
nonbusiness
vsnonmarket
4.5

Not connected to business activities, often private or social

focuses specifically on market buying and selling, not all business matters

Antonyms

1.0

The activity of buying and selling goods and services

Surface Forms

nonmarket positive

Morphology

nonmarket = market (transparent) = non + market

The negative prefix 'non-' attaches to 'market' to mean 'not related to market/buying and selling', which is directly inferable.

Etymology

Nonmarket comes from non- ('not') and market ('a place for buying and selling'), so as an adjective it describes things that are not bought or sold, like volunteer work or household help.