marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

1

a

: an open square or place in a town where markets or public sales are held

b

: market

the marketplace is the interpreter of supply and demand

2

: the world of trade or economic activity : the everyday world

3

: a sphere in which intangible values compete for acceptance

the marketplace of ideas

Synonyms

• business
• commerce
• trade
• traffic

Examples of marketplace in a Sentence

Their products must compete in the marketplace.

The company has struggled to survive in a rapidly changing marketplace.

Recent Examples on the Web

For 2025, UnitedHealthcare will be expanding its individual and family plans available on the ACA’s marketplaces to 139 counties in four new states: Indiana, Iowa, Nebraska and Wyoming. —Bruce Japsen, Forbes, 31 Oct. 2024

Deep user engagement also creates a flywheel effect between users and content producers/marketplace sellers. —Zev Fima, CNBC, 31 Oct. 2024

Despite its cultural and commercial success, Tupperware has struggled to adapt to the demands of a rapidly changing marketplace. —Nina Turner, Newsweek, 30 Oct. 2024

Six months after joining MGM, Bauer discussed the state of what was then the COVID depressed co-production marketplace in a virtual conversation conducted by Variety for the Monte-Carlo Television Festival. —Cynthia Littleton, Variety, 30 Oct. 2024

Word History

First Known Use

14th century, in the meaning defined at sense 1a

Kids Definition

marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

1

: an open square or place in a town where markets are held

2

: the world of trade

Legal Definition

marketplace

noun

mar·​ket·​place ˈmär-kət-ˌplās 

: the economic system through which different companies compete with each other to sell their products