Dictionary
Thesaurus
Encyclopedia
Translator
Web

market basket

 - 2 dictionary results

market basket

–noun
1. a basket or cart for groceries.
2. a selected group of consumer goods and services whose cost is tracked for calculating a consumer price index and measuring the cost of living.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To market basket
market basket  
n.  
  1. A grocery cart.

  2. A group of products or services in a specific market, especially when considered in terms of its fluctuating cost in determining a consumer price index: "The CPI measures the average price change over time of a fixed market basket containing more than 200 goods and services" (Teresa Tritch).

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Search another word or see market basket on Thesaurus | Reference
FacebookTwitterFollow us: