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Definition of marketplace

marketplace

/ˈmɑːr.kɪt.pleɪs/
mar · ket · place
Plural:marketplaces
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marketplace Lexical Profile

marketplace Game Scores & Validity

• noun

1

The general arena of commercial dealings, trade, and economic competition.

Example

"In today's global marketplace, companies must constantly innovate to remain competitive."

2

An open space or square in a town where public sales and markets are held.

Example

"Vendors set up their colorful stalls in the local marketplace early every Saturday morning."

3

A digital platform or website that connects buyers with multiple third-party sellers.

Example

"The e-commerce giant operates a massive online marketplace offering millions of unique products."

Synonyms
View all synonyms for marketplace

• Nearby Words

marketeer
marketer
marketing
marketplace
markham
markham river
markhor

Word Origin & Etymology

From Middle English 'market place', a compound of 'market' (from Old North French) and 'place' (from Old French). Attested from the late 13th century.

Usage Trend

Historical frequency of usage in published text.

180019102020
Data source: Google Books Ngram Viewer

Cite this Entry

Wordmom. (2026). Definition of Marketplace. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/marketplace
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