single market

British  

noun

1. a market consisting of a number of nations, esp those of the European Union, in which goods, capital, and currencies can move freely across borders without tariffs or restrictions

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Example Sentences

See Examples For:

single market

The European Commission has pledged more than 50 million euros in immediate assistance, along with measures granting nearly 80 percent of Armenian exports tariff-free access to the EU's 450-million-consumer single market.

From Barron's ● Jul. 14, 2026

The European Union seeks to be a single market with world-class companies, but it hasn’t worked out that way in banking.

From The Wall Street Journal ● Jul. 8, 2026

It has now emerged that UK officials suggested that the agenda for the next summit could be much more ambitious, with one option covering frictionless trade within a UK-EU single market for all goods.

From BBC ● May 23, 2026

There are also limits on the number of stations a company can own in a single market.

From MarketWatch ● May 19, 2026

Because the Berlin Wall was not only blocking our way; it was blocking our sight—our ability to think about the world as a single market, a single ecosystem, and a single community.

From "The World Is Flat" by Thomas L. Friedman