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seller's market

seller's market in Culture

seller's market definition


A market in which demand exceeds supply. As a result, consumers have to pay more for goods. (Compare buyer's market.)

The American HeritageĀ® New Dictionary of Cultural Literacy, Third Edition
Copyright Ā© 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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