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- Dictionarymarket price
noun
- 1. the price of a commodity when sold in a given market: "lower market prices for cereals, potatoes, cattle, and sheep"
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Apr 26, 2024 · The market price is the current price at which a good or service can be purchased or sold. The market price of an asset or service is determined by the forces of supply...
Apr 4, 2024 · What is the market price? The market price is the product’s value determined with respect to the point where demand for and supply of assets and products intersect. Where the demand and supply get balanced, that point marks the market value of that product.
What is Market Price? The term market price refers to the amount of money for what an asset can be sold in a market. The market price of a given good is a point of convergence of the demand and supply for that good. It is an important aspect of calculating consumer surpluses, economic surpluses, etc.
a price that is likely to be paid for something: They're asking £400,000 for their house, but the market price is nearer £350,000. Depreciation profiles are estimated basd on the market prices of used assets. SMART Vocabulary: related words and phrases. Mortgages & real estate. blockbusting. brick. BTL. buy-to-let. chain. endowment mortgage. equity
May 8, 2024 · noun. : a price actually given in current market dealings. Examples of market price in a Sentence. Recent Examples on the Web Interfering with market prices always creates nasty unintended consequences.
Aug 21, 2020 · Market price is the price of an asset or product as determined by supply and demand. How Does Market Price Work? In the broadest sense, an item's market price lies at the point of intersection between the available supply of the good or service and market demand for it.
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Oct 18, 2023 · Market price is the current cost at which a good or service can be bought or sold, influenced by supply and demand dynamics. It determines consumer surplus, which is the difference between what consumers are willing to pay and what they actually pay for a product.
Nov 25, 2023 · The market price refers to the current price at which an asset, commodity, or service is bought or sold in an open market. It results from the ongoing interaction between buyers and sellers, reflecting the supply and demand dynamics at a given time.
a price that is likely to be paid for something: They're asking $400,000 for their house, but the market price is nearer $350,000. Depreciation profiles are estimated basd on the market prices of used assets. SMART Vocabulary: related words and phrases. Mortgages & real estate. blockbusting. brick. BTL. buy-to-let. chain. endowment mortgage. equity
noun. the price at which a commodity, security, or service is selling in the open market. market price. noun. the prevailing price, as determined by supply and demand, at which goods, services, etc, may be bought or sold. Discover More. Word History and Origins. Origin of market price 1. late Middle English word dating back to 1400–50.
