market price
Noun
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Noun
market price (plural market prices)
- (economics) The price at which a product, financial instrument, service or other tradable item can be bought and sold at an open market; the going price.
- 1776, Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations: Book I: Chapter 7: Of the natural and market Price of Commodities
- The actual price at which any commodity is commonly sold is called its market price. It may either be above, or below, or exactly the same with its natural price.
- 1776, Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations: Book I: Chapter 7: Of the natural and market Price of Commodities
- On restaurant menus, used to mean the price charged depends on the price of supplies, which may vary.
- French: prix du marché
- German: Marktpreis
- Russian: ры́ночная цена́
- Spanish: precio de mercado
- French: prix de marché
This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003