Source : Webster's Revised Unabridged Dictionary (1913)

Market \Mar"ket\, n. [Akin to D. markt, OHG. mark[=a]t,
   merk[=a]t, G. markt; all fr.L. mercatus trade, market place,
   fr. mercari, p. p. mercatus, to trade, traffic, merx, mercis,
   ware, merchandise, prob. akin to merere to deserve, gain,
   acquire: cf. F. march['e]. See {Merit}, and cf. {Merchant},
   {Mart}.]
   1. A meeting together of people, at a stated time and place,
      for the purpose of traffic (as in cattle, provisions,
      wares, etc.) by private purchase and sale, and not by
      auction; as, a market is held in the town every week.

            He is wit's peddler; and retails his wares At wakes,
            and wassails, meetings, markets, fairs. --Shak.

            Three women and a goose make a market. --Old Saying.

   2. A public place (as an open space in a town) or a large
      building, where a market is held; a market place or market
      house; esp., a place where provisions are sold.

            There is at Jerusalem by the sheep market a pool.
                                                  --John v. 2.

   3. An opportunity for selling anything; demand, as shown by
      price offered or obtainable; a town, region, or country,
      where the demand exists; as, to find a market for one's
      wares; there is no market for woolen cloths in that
      region; India is a market for English goods.

            There is a third thing to be considered: how a
            market can be created for produce, or how production
            can be limited to the capacities of the market. --J.
                                                  S. Mill.

   4. Exchange, or purchase and sale; traffic; as, a dull
      market; a slow market.

   5. The price for which a thing is sold in a market; market
      price. Hence: Value; worth.

            What is a man If his chief good and market of his
            time Be but to sleep and feed ?       --Shak.

   6. (Eng. Law) The privelege granted to a town of having a
      public market.

   Note: Market is often used adjectively, or in forming
         compounds of obvious meaning; as, market basket, market
         day, market folk, market house, marketman, market
         place, market price, market rate, market wagon, market
         woman, and the like.

   {Market beater}, a swaggering bully; a noisy braggart. [Obs.]
      --Chaucer.

   {Market bell}, a bell rung to give notice that buying and
      selling in a market may begin. [Eng.] --Shak.

   {Market cross}, a cross set up where a market is held.
      --Shak.

   {Market garden}, a garden in which vegetables are raised for
      market.

   {Market gardening}, the raising of vegetables for market.

   {Market place}, an open square or place in a town where
      markets or public sales are held.

   {Market town}, a town that has the privilege of a stated
      public market.

Market \Mar"ket\, v. i. [imp. & p. p. {Marketed}; p. pr. & vb.
   n. {Marketing}.]
   To deal in a market; to buy or sell; to make bargains for
   provisions or goods.

Market \Mar"ket\, v. t.
   To expose for sale in a market; to traffic in; to sell in a
   market, and in an extended sense, to sell in any manner; as,
   most of the farmes have marketed their crops.

         Industrious merchants meet, and market there The
         world's collected wealth.                --Southey.

Source : WordNet®

market
     n 1: the world of commercial activity where goods and services
          are bought and sold; "without competition there would be
          no market"; "they were driven from the marketplace"
          [syn: {marketplace}]
     2: the securities markets in the aggregate; "the market always
        frustrates the small investor" [syn: {securities industry}]
     3: the customers for a particular product or service; "before
        they publish any book they try to determine the size of
        the market for it"
     4: a marketplace where groceries are sold; "the grocery store
        included a meat market" [syn: {grocery store}, {grocery},
        {food market}]

market
     v 1: engage in the commercial promotion, sale, or distribution
          of; "The company is marketing its new line of beauty
          products"
     2: buy household supplies; "We go marketing every Saturday"
     3: deal in a market
     4: make commercial; "Some Amish people have commercialized
        their way of life" [syn: {commercialize}, {commercialise}]