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

Example Sentences

The government said the framework was "the only workable solution" that safeguards Northern Ireland's place in the UK internal market and EU single market, and ensures no hard border on the island of Ireland.

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A government spokesperson said the Windsor Framework is "the only workable solution for Northern Ireland, safeguarding Northern Ireland's place in the UK Internal Market and the EU Single Market, and ensuring no hard border on the island of Ireland".

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For the European Union, Georgieva called for the appointment of a “single market czar” with powers to drive the removal of the remaining barriers to trade and movement of workers within the bloc, a goal that has been acknowledged but unmet for decades.

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Georgieva recommends that Europe name a “single market czar” with the authority to drive reforms, remove frictions that exist among countries in the labor market, goods and services, trade, energy, and finance.

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The UK is Revolut's biggest single market with 11 million customers but despite choosing London as its global HQ, the company refuses to be drawn on whether it will eventually list its shares on the London stock market.

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