B2nounbusinessmoney
US/ˈmɑːr.kɪt.pleɪs/
UK/ˈmɑː.kɪt.pleɪs/
the world of buying and selling, where companies compete for customers
In context
Our new phone is already competing in a crowded marketplace.
Online stores have changed the marketplace for small businesses.
The farmers sell fresh vegetables in the marketplace every Saturday morning.
Words that go with marketplace
adjective + noun
- global marketplaceFirms must adapt to the global marketplace.
- competitive marketplaceIt is hard to survive in a competitive marketplace.
- crowded marketplaceA crowded marketplace makes it difficult to stand out.
- online marketplaceShe sells handmade bags on an online marketplace.
verb + noun
- enter the marketplaceSeveral new brands entered the marketplace this year.
verb + preposition
- compete in the marketplaceSmall companies struggle to compete in the marketplace.
Common mistakes
Incorrect:
a marketplace shareCorrect: a market share