Market

  Reference/Meaning Formula
#1 A buying-and-selling arena in which competition between individuals occurs leading to an allocation of goods capable of being individually owned (cf. commons); hence an issue of distributive justice. sPH"6-G35
#2 A social group defined by the needs of actual and potential clients or customers. PH6-L5

 

Glossary Index

Last updated: 15-Jan-2014