Definition of marketplace noun from the Oxford Advanced Learner's Dictionary



    BrE BrE//ˈmɑːkɪtpleɪs//
    ; NAmE NAmE//ˈmɑːrkɪtpleɪs//
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  1. 1the marketplace [singular] the activity of competing with other companies to buy and sell goods, services, etc. Companies must be able to survive in the marketplace. the education marketplace
  2. 2(also market square) [countable] an open area in a town where a market is held
  3. Extra examples The company found it hard to survive in a changing marketplace. We are working hard to enter the global marketplace. Companies must be able to survive in what is becoming a highly competitive marketplace. The bomb exploded in a busy marketplace, killing six people. They have successfully adapted to the demands of the global marketplace.
See the Oxford Advanced American Dictionary entry: marketplace