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noun Common

marketplace

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Marketplace (noun) means a public space, physical or online, where goods are bought and sold. Example: “The town's marketplace has been the hub of trade for centuries.”

noun
1
A public space, physical or online, where goods are bought and sold.
"The town's marketplace has been the hub of trade for centuries."
"She sells handmade jewellery on an online marketplace."
"Farmers bring fresh vegetables to the marketplace every Saturday morning."
2
The broader world of commerce and competition.
"Small businesses often struggle to compete in a crowded marketplace."
"The company hopes its new app will stand out in the marketplace."
"Ideas that sell well in the marketplace are not always the best ones."

How to use marketplace

Learner’s notes

In plain EnglishA place — literal or figurative — where buying, selling, and competition happen.

Common pairings
online marketplace compete in the marketplace the global marketplace
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Word forms

Plural
marketplaces
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The town's _____ has been the hub of trade for centuries.

Etymology

A straightforward compound of "market" and "place."

market bazaar exchange trading floor agora mart

Related words

Rhymes for marketplace

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Frequently asked questions

What does “marketplace” mean?
The word “marketplace” means a public space, physical or online, where goods are bought and sold. In plain terms, a place — literal or figurative — where buying, selling, and competition happen.
How do you use “marketplace” in a sentence?
Here is “marketplace” used in a sentence: “The town's marketplace has been the hub of trade for centuries.”
What part of speech is “marketplace”?
“Marketplace” is a noun.
Is “marketplace” a common word?
“Marketplace” is a fairly common word in modern English.
How many meanings does “marketplace” have?
“Marketplace” has 2 distinct senses listed in this dictionary. The most common is: a public space, physical or online, where goods are bought and sold.
What is the difference between a marketplace and a market?
A marketplace is the physical or online space, or venue, where buying and selling take place, while a market can refer more broadly to the overall trading activity or demand for a particular good, such as "the housing market." A marketplace is essentially the location or platform, while market often describes the wider economic activity.
What is the difference between a physical marketplace and an online marketplace?
A physical marketplace is a real-world public space where goods are bought and sold in person, such as a town square or bazaar. An online marketplace performs the same function through a website or app, connecting buyers and sellers without requiring a shared physical location.
What does the marketplace mean when used to describe business or competition?
Beyond a physical or online location, marketplace can refer to the broader world of commerce and competition, as in "competing in the marketplace." In this sense it describes the general economic environment where businesses compete for customers, rather than any single venue.

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