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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

mark
marker
market
marketplace
markham
markhor
marlin

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.

Cite this Entry

Wordmom. (2026). Definition of Marketplace. In Wordmom Dictionary. Retrieved Oct 12, 2026, from https://wordmom.com/dictionary/marketplace
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