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  1. Dictionary
    market price

    noun

    • 1. the price of a commodity when sold in a given market: "lower market prices for cereals, potatoes, cattle, and sheep"
  2. Jul 7, 2024 · Market price is the current price of a product or service. The market price of a product or service is determined by the forces of supply and demand. It's the price at...

  3. Apr 4, 2024 · What is the market price? The market price is the products 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.

  4. 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.

  5. 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.

  6. Nov 25, 2023 · What Is A Market Price? 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.

  7. 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.

  8. Mar 20, 2024 · Market price refers to the current price at which an asset or service can be bought or sold in the market, primarily driven by supply and demand. Market value, on the other hand, is an estimate of an asset’s worth based on various factors and may not always align with the current market price.

  9. Jun 23, 2024 · The meaning of MARKET PRICE is a price actually given in current market dealings.

  10. Definition of market price: General: Unique price at which buyers and sellers agree to trade in an open market at a particular time. In formal markets (such stock exchanges) there are two market prices: the offer (selling) price ...

  11. 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