ETYM Cf. Late Lat. currentia a current, from Latin currens, p. pr. of currere to run. Related to Current.
1. A current state of general acceptance and use; SYN. vogue.
2. General acceptance or use.
3. The metal or paper medium of exchange that is presently used.
The type of money in use in a country; for example, the US dollar, the Australian dollar, the UK pound sterling, the German Deutschmark, and the Japanese yen.
ETYM Akin to Dutch markt, Old High Germ. markât, merkât, German markt.
1. The customers for a particular product or service.
2. The securities markets in the aggregate; SYN. securities industry.
3. The world of commercial activity where goods and services are bought and sold; SYN. marketplace.
Any situation where buyers and sellers are in contact with each other. This could be a street market or it could be a world market where buyers and sellers communicate via letters, faxes, telephones, and representatives.
In a perfect or free market, there are many buyers and sellers, so that no single buyer or seller is able to influence the price of the product; there is therefore perfect competition in the market. In an imperfect market either a few buyers or sellers (or even just one) dominates the market.
ETYM Cf. French trafic, Italian traffico, Spanish tráfico, tráfago, Portu. tráfego, Late Lat. traficum, trafica. Related to Traffic.
1. Buying and selling; especially illicit trade.
2. The aggregation of things (pedestrians or vehicles or messages) coming and going in a particular locality.
The arm of the World Wide Fund for Nature (wwf) that monitors trade in endangered species.