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market price

market price

21 2.5
The price people pay for something like shares or houses when it is bought and sold freely
  • noun
  • /ˈmɑrkɪt praɪs/
translation icon : precio de mercado
  • I'm sure what you're asking is a fair market price.
  • world market price
  • market price of gold
  • market prices and convertible currency

And paying market prices for those investments would have been just fine.

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Examples

  • The market price of the smartphone has dropped significantly due to increased competition.

  • The fuelwood harvested is sold to commercial transporters at a rural market price negotiated by the villagers.

    Academic text (1999)
  • - Well, the going market price is 20% of value.

  • And paying market prices for those investments would have been just fine.

  • Now it's reported to be well above normal with market prices on the decline.

  • So just give me the market price for this derivative.

  • We are selling to willing buyers of the current fair market price.

  • Both factors are key ingredients in the quality of coffee and its ultimate market price.

    Academic text (1999)
  • With few financial resources, such farmers will not survive long under prolonged low market prices.

    Academic text (1990)
  • The shares are commanding a good market price, and his reputation is keeping the company solvent.

    Fiction book (1991)

Synonyms

price
vsmarket price
1.0

The amount of money you must pay to buy something

applies specifically to prices in open and competitive markets
market value
vsmarket price
40 2.8

The price something sells for in a market with many buyers and sellers

is the actual price at which items are bought and sold in markets
selling price
vsmarket price
6 2.7

The price at which something is sold to buyers

is focused on prices within open competitive markets rather than seller offers
spot price
vsmarket price
  • Specialized
2 6.4

Current price of things like oil or gold for immediate delivery

is used for general prices rather than only immediate commodity transactions

How Expensive

exorbitant
25 7.9
high-priced
31 3.5
market price
21 2.5
low price
52 1.0

Surface Forms

market price singular
market prices plural
marketprices plural
marketprice singular

Morphology

market + price

The meaning is directly and transparently derived from combining 'market' (the system of commerce) with 'price' (the money required to buy an item): it denotes the price in an open market. This noun–noun composition is a common, literal pattern cross-linguistically, so a B1 learner who knows both constituents will readily infer the meaning.

Etymology

The noun market price comes from old open markets where traders and customers met and set a single price by buying and selling. The word market meant the place of trade, so 'market price' now means the price most buyers and sellers agree on.