MARKET PRICE

Pronunciation (US):

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 Dictionary entry overview: What does market price mean? 

• MARKET PRICE (noun)
  The noun MARKET PRICE has 1 sense:

1. the price at which buyers and sellers trade the item in an open marketplace

  Familiarity information: MARKET PRICE used as a noun is very rare.

 Dictionary entry details 

• MARKET PRICE (noun)

Sense 1

Meaning:

The price at which buyers and sellers trade the item in an open marketplace

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

market price; market value

Hypernyms ("market price" is a kind of...):

value (the quality (positive or negative) that renders something desirable or valuable)

 Context examples 

What sort of a ménage is it which pays double the market price for a governess but does not keep a horse, although six miles from the station?

(The Return of Sherlock Holmes, by Sir Arthur Conan Doyle)

It is absolutely unique, and its value can only be conjectured, but the reward offered of £ 1000 is certainly not within a twentieth part of the market price.

(The Adventures of Sherlock Holmes, by Sir Arthur Conan Doyle)

Five dollars for five thousand words, ten words for a cent, the market price for art. The disappointment of it, the lie of it, the infamy of it, were uppermost in his thoughts; and under his closed eyelids, in fiery figures, burned the $3.85 he owed the grocer.

(Martin Eden, by Jack London)

You seem most fortunate in having an employé who comes under the full market price.

(The Adventures of Sherlock Holmes, by Sir Arthur Conan Doyle)