What is a Market? Definition or Meaning

Speaking broadly, a market is a place where goods are purchased and sold. This would include physical markets where you can go and buy items physically or virtual markets where you could order and get your item shipped. A financial market, on the other hand, is where securities such as bonds and stocks are bought and sold.

For example…

The Australian financial market is called the Australian Stock Exchange or ASX. Based in Sydney, Australia, it offers investors financial instruments like equities, shares, futures, warrants and real estate investment trusts among others.