Definition for MARK'ET

MARK'ET, n. [D. and G. markt; Dan. marked; Fr. marché; Arm. marchad; It. mercato; Sp. and Port. mercado; L. mercatus, from mercor, to buy; W. marcnat; Ir. margadh. See Mark.]

  1. A public place in a city or town, where provisions or cattle are exposed to sale; an appointed place for selling and buying at private sale, as distinguished from an auction.
  2. A public building in which provisions are exposed to sale; a market-house.
  3. Sale; the exchange of provisions or goods for money; purchase or rate of purchase and sale. The seller says he comes to a bad market, when the buyer says he comes to a good market. We say, the markets are low or high; by which we understand the price or rate of purchase. We say that commodities find a quick or ready market; markets are dull. We are not able to find a marget for our goods or provisions.
  4. Place of sale; as, the British market; the American market.
  5. The privilege of keeping a public market.

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