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Market vs Service - What's the difference?

market | service |

As nouns the difference between market and service

is that market is while service is service (eg in a restaurant) or service can be service, set.

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

    service

    English

    Etymology 1

    From (etyl) (m) (French: (m)), from the verb (m) < (etyl) (m), from .

    Noun

    (en noun)
  • An act of being of assistance to someone.
  • I say I did him a service by ending our relationship - now he can freely pursue his career.
  • * , chapter=4
  • , title= Mr. Pratt's Patients , passage=Then he commenced to talk, really talk. and inside of two flaps of a herring's fin he had me mesmerized, like Eben Holt's boy at the town hall show. He talked about the ills of humanity, and the glories of health and Nature and service and land knows what all.}}
  • (economics) The practice of providing such a service as economic activity.
  • * {{quote-magazine, date=2013-06-21, author=(Oliver Burkeman)
  • , volume=189, issue=2, page=27, magazine=(The Guardian Weekly) , title= The tao of tech , passage=The dirty secret of the internet is that all this distraction and interruption is immensely profitable. Web companies like to boast about […], or offering services that let you "stay up to date with what your friends are doing",
  • (computing) A function that is provided by one program or machine for another.
  • The state of being subordinate to or employed by an individual or group
  • The military.
  • A set of dishes or utensils.
  • (sports) The act of initially starting, or serving, the ball in play in tennis, volleyball, and other games.
  • A religious rite or ritual.
  • * , chapter=5
  • , title= The Mirror and the Lamp , passage=Here, in the transept and choir, where the service was being held, one was conscious every moment of an increasing brightness; colours glowing vividly beneath the circular chandeliers, and the rows of small lights on the choristers' desks flashed and sparkled in front of the boys' faces, deep linen collars, and red neckbands.}}
  • (legal) The serving, or delivery, of a summons or writ.
  • * 1668 July 3, , “Thomas Rue contra'' Andrew Hou?toun” in ''The Deci?ions of the Lords of Council & Se??ion I (Edinburgh, 1683), page 548:
  • He Su?pends on the?e Rea?ons, that Thomas Rue'' had granted a general Di?charge to ''Adam Mu?het'', who was his Conjunct, and ''correus debendi'', after the alleadged Service , which Di?charged ''Mu?het'', and con?equently ''Houstoun his Partner.
  • (Jordan, Lebanon, Syria, Israel, West Bank) A taxi shared among unrelated passengers, each of whom pays part of the fare; often, it has a fixed route between cities.
  • A musical composition for use in churches.
  • (obsolete) Profession of respect; acknowledgment of duty owed.
  • * Shakespeare
  • Pray, do my service to his majesty.
  • (nautical) The materials used for serving a rope, etc., such as spun yarn and small lines.
  • Usage notes
    In British English, the indefinite article “a” is often used with “good service”, as in “A good service is operating on all London Underground lines,” while this is not used in American English.
    Antonyms
    * (action or work that is produced and consumed) good * capital
    Derived terms
    * accept service * advisory service * all-up service * answering service * bond service * church service * civil service * client service * community service * curb service * customer service * debt service * denial of service * denture service * dinner service * diplomatic service * disservice * divine service * ecological service * emergency service * escort service * extension service * eyeservice * fanservice * fee-for-service * food service * foreign service * full-service * health service * ill service * in service * lip service * memorial service * military service * multiservice * national service * online service * out of service * personal service * postal service * power service * prayer service * public service * quality of service * room service * secret service * Secret Service * selective service * self-service * service area * service book * service break * service bureau * service call * service cap * service ceiling * service center * service charge * service club * service contract * service court * service dog * service door * service elevator * service line * service loop * service mark * service module * service of process * service pipe * service plaza * service provider * service road * service station * service stripe * serviceman * servicewoman * shared service * silent service * silver service * social service * substituted service * table service * tea service * unservice * unserviced * web service * wire service * yeoman's service

    Verb

    (servic)
  • To serve.
  • They service the customer base.
  • To perform maintenance.
  • He is going to service the car.
  • (transitive, agriculture, euphemistic) To inseminate through sexual intercourse
  • (vulgar) To perform a sexual act.
  • He was going to service her.
    Descendants
    * Japanese: * Korean:

    Statistics

    *

    Etymology 2

    Noun

    (en noun)
  • service tree
  • ----