submarket
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a word derived from
market.
marketnounan open place or a covered building where buyers and sellers convene for the sale of goods; a marketplace.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“Baby boomers control about 70 percent of the wealth in the nation, and in our submarket, people over age 55 are the ones most able to pay more for housing,” Cameron says.
From Washington Post ● May 30, 2018
“I don’t know of another place in the world that has gone from a submarket to a global hub in eight years,” said David Egan, global head of industrial and logistics research at CBRE.
From Seattle Times ● Oct. 27, 2017
Homebuilder Larry Canarelli, founder of American West Homes, said builders were “having a very difficult time finding land to assemble in the southwest” valley, the top-selling submarket.
From Washington Times ● Jan. 22, 2016
"A year ago people were questioning whether Playa Vista would be the next logical submarket after Santa Monica" for creative firms, she said.
From Los Angeles Times ● Oct. 9, 2014
With heterogeneity, the unemployment that is relevant for a submarket will have effects on the evolution of the wage in that submarket.
From Definition & Reality in the General Theory of Political Economy by Thomas Colignatus