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mar⋅ket⋅ing

[mahr-ki-ting]
–noun
1. the act of buying or selling in a market.
2. the total of activities involved in the transfer of goods from the producer or seller to the consumer or buyer, including advertising, shipping, storing, and selling.

Origin:
1555–65; market + -ing 1
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mar⋅ket

[mahr-kit]
–noun
1. an open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace: a farmers' market.
2. a store for the sale of food: a meat market.
3. a meeting of people for selling and buying.
4. the assemblage of people at such a meeting.
5. trade or traffic, esp. as regards a particular commodity: the market in cotton.
6. a body of persons carrying on extensive transactions in a specified commodity: the cotton market.
7. the field of trade or business: the best shoes in the market.
8. demand for a commodity: an unprecedented market for leather.
9. a body of existing or potential buyers for specific goods or services: the health-food market.
10. a region in which goods and services are bought, sold, or used: the foreign market; the New England market.
11. current price or value: a rising market for shoes.
12. stock market.
–verb (used without object)
13. to buy or sell in a market; deal.
14. to buy food and provisions for the home.
–verb (used with object)
15. to carry or send to market for disposal: to market produce every week.
16. to dispose of in a market; sell.
17. at the market, at the prevailing price in the open market.
18. in the market for, ready to buy; interested in buying: I'm in the market for a new car.
19. on the market, for sale; available: Fresh asparagus will be on the market this week.

Origin:
1100–1150; ME, late OE < VL *marcātus, L mercātus trading, traffic, market


mar⋅ket⋅er, noun


16. vend, merchandise, peddle.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2010.
Cite This Source Link To Marketing
mar·ket   (mär'kĭt)   
n.  
  1. A public gathering held for buying and selling merchandise.

  2. A place where goods are offered for sale.

  3. A store or shop that sells a particular type of merchandise: a vegetable market.

    1. The business of buying and selling a specified commodity: the soybean market.

    2. A market price.

    3. A geographic region considered as a place for sales: grain for the foreign market; the West Coast market.

    4. A subdivision of a population considered as buyers: cosmetics for the upscale market.

    5. An exchange for buying and selling stocks or commodities: securities sold on the New York market.

    6. The entire enterprise of buying and selling commodities and securities: The market has been slow recently.

  4. The opportunity to buy or sell; extent of demand for merchandise: a big market for gourmet foods.

    1. An exchange for buying and selling stocks or commodities: securities sold on the New York market.

    2. The entire enterprise of buying and selling commodities and securities: The market has been slow recently.

v.   mar·ket·ed, mar·ket·ing, mar·kets

v.   tr.
  1. To offer for sale.

  2. To sell.

v.   intr.
  1. To deal in a market.

  2. To buy household supplies: We marketed for a special Sunday dinner.


[Middle English, from Old North French, from Vulgar Latin *marcātus, from Latin mercātus, from past participle of mercārī, to buy, from merx, merc-, merchandise.]
mar·ket·ing   (mär'kĭ-tĭng)   
n.  
  1. The act or process of buying and selling in a market.

  2. The commercial functions involved in transferring goods from producer to consumer.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

market 
c.1154, "a meeting at a fixed time for buying and selling livestock and provisions," from O.N.Fr. market (O.Fr. marchiet, Fr. marché), from L. mercatus "trading, trade, market" (cf. It. mercato, Sp. mercado), from pp. of mercari "to trade, deal in, buy," from merx (gen. mercis) "wares, merchandise," from Italic root *merk-, possibly from Etruscan, referring to various aspects of economics. Meaning "public building or space where markets are held" first attested c.1250. Sense of "sales, as controlled by supply and demand" is from 1689. The verb is 1635, from the noun. Market value (1691) first attested in writings of John Locke.
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Marketing

The activities of a company associated with buying and selling a product or service. It includes advertising, selling and delivering products to people. People who work in marketing departments of companies try to get the attention of target audiences by using slogans, packaging design, celebrity endorsements and general media exposure. The four 'Ps' of marketing are product, place, price and promotion.

Investopedia Commentary

Many people believe that marketing is just about advertising or sales. However, marketing is everything a company does to acquire customers and maintain a relationship with them. Even the small tasks like writing thank-you letters, playing golf with a prospective client, returning calls promptly and meeting with a past client for coffee can be thought of as marketing. The ultimate goal of marketing is to match a company's products and services to the people who need and want them, thereby ensure profitability

Related Links

Great Expectations: Forecasting Sales Growth
Doing More With Less: The Sales-Per-Employee Ratio

See also: Corporate Citizenship, Human Resources, The Conference Board

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: mar·ket
Function: noun
1 : the rate or price at which a security or commodity is currently selling : MARKET PRICE
2 a : a geographical area of demand for commodities or services markets> b : a formal organized system enabling the transaction of business between buyers and sellers of commodities market> —see also STOCK MARKET c : a specified category of potential buyers market>
3 a : the course of commercial activity by which the exchange of commodities is accomplished market is quiet> b : an opportunity for selling markets> c : the available supply of or potential demand for specified goods or services market> market for durable goods> d : the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices market forces and behavior>
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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