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single market

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

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

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A founder member of Nato, it shares an Arctic border with Russia and is part of the EU's single market but not a member state.

From BBC

There are only four million voters in this founding member of Nato, which shares an Artic border with Russia and is part of the EU's single market but not a member state.

From BBC

It does have access to the EU's single market through its membership of the European Economic Area, so it has to respect its rules.

From BBC

The Windsor Framework was agreed between the UK and EU in 2023 and effectively keeps Northern Ireland inside the EU's single market for goods.

From BBC

The FCC rules also limit the number of stations an owner can have in a single market.

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