{
    "term": "market",
    "partOfSpeech": "noun",
    "ox3000": true,
    "cefr": "a1",
    "image": "data/images/ci/city.png",
    "definitions": [
        {
            "senseNumber": 1,
            "definition": "an occasion when people buy and sell goods; the open area or building where they meet to do this",
            "sensetop": "at the market",
            "cefr": "a1",
            "ox3000": true,
            "examples": [
                {
                    "text": "a fruit/flower/fish market"
                },
                {
                    "text": "an antiques market"
                },
                {
                    "text": "an indoor/a street market"
                },
                {
                    "text": "market stalls/traders"
                },
                {
                    "text": "We buy our fruit and vegetables at the market.",
                    "contextForm": "at the market"
                },
                {
                    "text": "Thursday is **market day**."
                },
                {
                    "text": "Every town here has its street market."
                },
                {
                    "text": "They took the pigs to market."
                },
                {
                    "text": "He bought the socks from a market stall in Gloucester."
                },
                {
                    "text": "The town was granted a charter to hold a market on Fridays."
                },
                {
                    "text": "You can buy seaweed at any local market."
                },
                {
                    "text": "Market traders donned traditional costumes to sell their mouth-watering crepes, cheeses and wines."
                }
            ],
            "topics": ["Shopping"],
            "collocations": {
                "adjective": ["open-air", "outdoor", "street"],
                "verb + market": ["hold", "go to", "take something to"],
                "market + noun": ["square", "town", "day"],
                "preposition": ["at a/​the market", "in a/​the market"]
            }
        },
        {
            "senseNumber": 2,
            "definition": "business or trade, or the amount of trade in a particular type of goods",
            "labels": "(North American English)(British English)",
            "cefr": "b1",
            "ox3000": true,
            "examples": [
                {
                    "text": "the world market in coffee"
                },
                {
                    "text": "They have increased their **share of the market** by 10 per cent."
                },
                {
                    "text": "the property/housing/job market *(= the number and type of houses, jobs, etc. that are available)*"
                },
                {
                    "text": "They have **cornered the market in** sportswear *(= sell the most)*."
                },
                {
                    "text": "New companies have **entered the market**."
                },
                {
                    "text": "The big players still **dominate the market**."
                },
                {
                    "text": "A relatively small group of collectors drives the art market."
                },
                {
                    "text": "Organic product lines have expanded from serving a small niche market."
                },
                {
                    "text": "Their books were geared to a mass market."
                },
                {
                    "text": "Lenders have flooded the market with easy credit."
                },
                {
                    "text": "Markets evolve in response to consumer demands."
                },
                {
                    "text": "They seem to have identified a gap in the market."
                },
                {
                    "text": "Rising mortgage rates will price some people out of the market."
                },
                {
                    "text": "We will charge whatever the market will bear."
                }
            ],
            "topics": ["Money"],
            "collocations": {
                "adjective": ["competitive", "active", "booming"],
                "verb + market": ["put something on", "come on", "come onto"],
                "market + verb": ["open up", "boom", "grow"],
                "market + noun": ["price", "value", "conditions"],
                "preposition": [
                    "in a/​the market",
                    "into a/​the market",
                    "on the market"
                ],
                "phrases": [
                    "be in the market for something",
                    "the bottom drops out of the market",
                    "the bottom falls out of the market"
                ]
            }
        },
        {
            "senseNumber": 3,
            "definition": "a particular area, country or section of the population that might buy goods",
            "cefr": "b1",
            "ox3000": true,
            "examples": [
                {
                    "text": "exporters who want to access the Japanese market"
                },
                {
                    "text": "Expansion into the **global market** brings more risk."
                },
                {
                    "text": "They supply beef to the **domestic market**."
                },
                {
                    "text": "The young, health-conscious female consumer is our **target market**."
                },
                {
                    "text": "Emerging markets in Asia and Latin America represent the best export opportunities for us."
                },
                {
                    "text": "They're hoping to get into the Far Eastern market."
                },
                {
                    "text": "The disks are designed for professional applications, rather than the consumer market."
                },
                {
                    "text": "There is not a broad commercial market for these prints."
                },
                {
                    "text": "Giving away free toys is a popular way to tap the family market."
                },
                {
                    "text": "Both products are targeting the same market."
                },
                {
                    "text": "Single professionals with no children are a lucrative market."
                },
                {
                    "text": "The company has established new markets in China, Bermuda and Algeria."
                },
                {
                    "text": "New Zealand is competing in an international market for medical graduates."
                }
            ],
            "topics": ["Money"],
            "collocations": {
                "adjective": ["big", "broad", "good"],
                "verb + market": ["create", "target", "reach"],
                "market + verb": ["expand", "grow", "shrink"],
                "market + noun": ["segment", "niche", "research"],
                "preposition": ["market for"]
            }
        },
        {
            "senseNumber": 4,
            "definition": "the number of people who want to buy something",
            "sensetop": "market (for something)",
            "cefr": "b1",
            "ox3000": true,
            "examples": [
                {
                    "text": "a growing/declining market for second-hand cars"
                },
                {
                    "text": "There's not much of a market for tourist art on the island."
                }
            ],
            "synonyms": "demand",
            "collocations": {
                "adjective": ["big", "broad", "good"],
                "verb + market": ["create", "target", "reach"],
                "market + verb": ["expand", "grow", "shrink"],
                "market + noun": ["segment", "niche", "research"],
                "preposition": ["market for"]
            }
        },
        {
            "senseNumber": 5,
            "definition": "people who buy and sell goods in competition with each other",
            "cefr": "b2",
            "ox3000": true,
            "examples": [
                {
                    "text": "The market will decide if the TV station has any future."
                },
                {
                    "text": "a market-based/market-led/market-driven economy"
                },
                {
                    "text": "innovative products at the forefront of market trends"
                },
                {
                    "text": "He believes that regulating the market is a good thing."
                },
                {
                    "text": "Some services cannot be left to the market."
                }
            ],
            "collocations": {
                "verb + market": ["leave something to", "regulate", "deregulate"],
                "market + noun": ["forces", "economy", "economics"]
            }
        },
        {
            "senseNumber": 6,
            "definition": "the business of buying and selling shares in companies and the place where this happens; a stock exchange",
            "examples": [
                {
                    "text": "the futures market"
                },
                {
                    "text": "a market crash"
                },
                {
                    "text": "The market closed weaker."
                },
                {
                    "text": "The markets reacted quickly to the negative publicity."
                },
                {
                    "text": "The market was down 15 per cent."
                },
                {
                    "text": "He believes oil stocks will outperform the market over the next 12 months."
                },
                {
                    "text": "Government attempts to manipulate currency markets tend to backfire."
                }
            ]
        },
        {
            "senseNumber": null,
            "definition": "a situation in which there is a lot of a particular item for sale, so that prices are low and people buying have a choice",
            "examples": [
                {
                    "text": "In a buyer's market, the commodity is plentiful and so its price is not high."
                }
            ],
            "topics": ["Preferences and decisions"]
        },
        {
            "senseNumber": null,
            "definition": "interested in buying something",
            "examples": [
                {
                    "text": "I'm not in the market for a new car at the moment."
                }
            ]
        },
        {
            "senseNumber": null,
            "definition": "available for people to buy",
            "examples": [
                {
                    "text": "to put your house on the market"
                },
                {
                    "text": "The house came on the market last year."
                },
                {
                    "text": "There are hundreds of different brands on the market."
                }
            ],
            "topics": ["Business"]
        },
        {
            "senseNumber": null,
            "definition": "available to buy without any limits",
            "examples": []
        },
        {
            "senseNumber": null,
            "definition": "to buy and sell stocks and shares in order to make a profit",
            "examples": [
                {
                    "text": "He is a skilled investor who knows how to play the market—and win."
                }
            ]
        },
        {
            "senseNumber": null,
            "definition": "to charge such a high price for your goods, services, etc. that nobody wants to buy them",
            "examples": [
                {
                    "text": "Some leading UK firms are pricing themselves out of the market."
                }
            ]
        },
        {
            "senseNumber": null,
            "definition": "a situation in which people selling something have an advantage, because there is not a lot of a particular item for sale, and prices can be kept high",
            "examples": [
                {
                    "text": "In a seller’s market, demand exceeds supply, and prices are high."
                }
            ]
        },
        {
            "senseNumber": null,
            "definition": "to stop something from being sold",
            "examples": [
                {
                    "text": "The slimming pills were taken off the market."
                },
                {
                    "text": "Thousands of egg products were taken off the shelves following the health scare."
                }
            ]
        }
    ],
    "pronunciations": {
        "uk": [
            {
                "pronunciation": "/ˈmɑːkɪt/",
                "audio": "ma/market/market__gb_3.mp3"
            }
        ],
        "us": [
            {
                "pronunciation": "/ˈmɑːrkɪt/",
                "audio": "ma/market/market__us_1.mp3"
            }
        ]
    },
    "wordOrigin": "Middle English, via Anglo-Norman French from Latin mercatus, from mercari ‘buy’, from merx, merc- ‘merchandise’."
}
