Market vs Exchange - What's the difference?
market | exchange |
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 * {{quote-magazine, date=2013-07-26, author=
, volume=189, issue=7, page=32, magazine=(The Guardian Weekly)
, title= An organised, often periodic, trading event at such site.
* Definition used by famous economist of the Austrian school, Ludwig Von Mises, in his book
A group of potential customers for one's product.
* (John Stuart Mill) (1608-1674)
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= 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)
To make (products or services) available for sale and promote them.
To sell
To deal in a market; to buy or sell; to make bargains for provisions or goods.
An act of exchanging or trading.
A place for conducting 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).
A conversation.
* 2014 , Ian Black, "
(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.
To trade or barter.
To replace with, as a substitute.
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)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.’}}
Nick Miroff
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.}}
Human Action.
- The market is a process, actuated by the interplay of the actions of the various individuals cooperating under the division of labor.
- 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.
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.}}
- What is a man / If his chief good and market of his time / Be but to sleep and feed?
Synonyms
* bazaar * fair * martDerived 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-marketVerb
(en verb)- We plan to market an ecology model by next quarter .
- ''We marketed more this quarter already then all last year!
Derived terms
* marketeerexchange
English
(wikipedia 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)- All in all, it was an even exchange .
- an exchange of cattle for grain
- The stock exchange is open for trading.
- 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 .
- After an exchange with the manager, we were no wiser.
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.
- (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 exchangeEtymology 2
From (etyl) eschaungen, from (etyl) eschaungier, eschanger, from the (etyl) verb eschangier, ).Verb
(exchang)- I'll gladly exchange my place for yours.
- 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.