buyer's market

A market in which supply exceeds demand. As a result, suppliers usually have to lower their prices, thus favoring the buyer. (Compare seller's market.)


Nearby words

  1. buy-in,
  2. buy-out,
  3. buy-to-let,
  4. buyback,
  5. buyer,
  6. buyer's remorse,
  7. buyers' inflation,
  8. buyers' market,
  9. buyers' strike,
  10. buying power

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.