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Market vs Exchange - What's the difference?

market | exchange |

As nouns the difference between market and exchange

is that market is while exchange is an act of exchanging or trading.

As a verb exchange is

to trade or barter.

market

English

(wikipedia market)

Noun

(en noun)
  • City square or other fairly spacious site where traders set up stalls and buyers browse the merchandise.
  • * {{quote-book, year=1963, author=(Margery Allingham), title=(The China Governess)
  • , chapter=Foreword citation , passage=‘I understand that the district was considered a sort of sanctuary,’ the Chief was saying. ‘ […] They tell me there was a recognized swag market down here.’}}
  • * {{quote-magazine, date=2013-07-26, author= Nick Miroff
  • , volume=189, issue=7, page=32, magazine=(The Guardian Weekly) , title= Mexico gets a taste for eating insects … , passage=The San Juan market is Mexico City's most famous deli of exotic meats, where an adventurous shopper can hunt down hard-to-find critters such as ostrich, wild boar and crocodile. Only the city zoo offers greater species diversity.}}
  • An organised, often periodic, trading event at such site.
  • * Definition used by famous economist of the Austrian school, Ludwig Von Mises, in his book Human Action.
  • The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor.
  • A group of potential customers for one's product.
  • * (John Stuart Mill) (1608-1674)
  • There is a third thing to be considered: how a market can be created for produce, or how production can be limited to the capacities of the market.
  • A geographical area where a certain commercial demand exists.
  • A formally organized, sometimes monopolistic, system of trading in specified goods or effects.
  • *{{quote-magazine, date=2014-03-15, volume=410, issue=8878, magazine=(The Economist)
  • , title= Turn it off , passage=If the takeover is approved, Comcast would control 20 of the top 25 cable markets , […]. Antitrust officials will need to consider Comcast’s status as a monopsony (a buyer with disproportionate power), when it comes to negotiations with programmers, whose channels it pays to carry.}}
  • The sum total traded in a process of individuals trading for certain commodities.
  • (label) The price for which a thing is sold in a market; hence, value; worth.
  • * (William Shakespeare) (1564-1616)
  • What is a man / If his chief good and market of his time / Be but to sleep and feed?

    Synonyms

    * bazaar * fair * mart

    Derived terms

    * bear market * black market * bull market * commodity market * common market * Common Market * currency market * down-market * drug on the market * fair market value * factor market * farmers market * financial market * flea market * free market * housing market * market basket * market bell * market bubble * market capitalization * market clearing * market correction * market cycle * marketing * market economy * market failure * market garden * market index * market jitters * market maker * market microstructure * market opening * market order * market overhang * marketplace * market portfolio * market price * market research * market return * market risk * market sector * market share * market sweep * market tone * market value * mass-market * mini market * money market * on the market * open market * stock market * supermarket * primary market * product market * secondary market * test-market

    Verb

    (en verb)
  • To make (products or services) available for sale and promote them.
  • We plan to market an ecology model by next quarter .
  • To sell
  • ''We marketed more this quarter already then all last year!
  • To deal in a market; to buy or sell; to make bargains for provisions or goods.
  • Derived terms

    * marketeer

    exchange

    Etymology 1

    From (etyl) eschaunge, from (etyl) eschaunge, from (etyl) eschange (whence modern French ). Spelling later changed on the basis of ex- in English.

    Noun

    (en noun)
  • An act of exchanging or trading.
  • All in all, it was an even exchange .
    an exchange of cattle for grain
  • A place for conducting trading.
  • The stock exchange is open for trading.
  • A telephone exchange.
  • (telephony, US only? ) The fourth through sixth digits of a ten-digit phone number (the first three before the introduction of area codes).
  • The 555 exchange is reserved for use by the phone company, which is why it's often used in films.
    NPA-NXX-1234 is standard format, where NPA is the area code and NXX is the exchange .
  • A conversation.
  • After an exchange with the manager, we were no wiser.
  • * 2014 , Ian Black, " Courts kept busy as Jordan works to crush support for Isis", The Guardian , 27 November 2014:
  • “Why bother with the daily grind when you can go to Mosul, get paid $400 a month, get a wife – and live an Islamic way,” went an exchange between two men overheard by a fellow passenger in a taxi. Rumour has it that a woman whose husband died fighting with Isis now receives a generous widow’s pension from jihadi coffers.
  • (chess) The loss of one piece and associated capture of another
  • # The loss of a relatively minor piece (typically a bishop or knight) and associated capture of the more advantageous rook
  • (obsolete) The thing given or received in return; especially, a publication exchanged for another.
  • (Shakespeare)
    Derived terms
    * bet exchange * bill of exchange * exchange rate * foreign exchange * foreign exchange market * ion exchange * ion exchange chromatography * ion exchange resin * key exchange * link exchange * local exchange carrier * means of exchange * medium of exchange * private branch exchange * stock exchange * telephone exchange

    Etymology 2

    From (etyl) eschaungen, from (etyl) eschaungier, eschanger, from the (etyl) verb eschangier, ).

    Verb

    (exchang)
  • To trade or barter.
  • I'll gladly exchange my place for yours.
  • To replace with, as a substitute.
  • I'd like to exchange this shirt for one in a larger size.
    Since his arrest, the mob boss has exchanged a mansion for a jail cell.
    Derived terms
    * exchange flesh * exchanger * exchange vows