Tuesday, July 31, 2007


A market is a social arrangement that allows buyers and sellers to discover in sequence and carry out a voluntary replace of goods or services. It is one of the two key institutions that organize trade, along with the right to own goods. In everyday usage, the word market may refer to the place where goods are traded, sometimes known as a marketplace, or to a street market.

In economics a financial market is a device that allows people to easily buy and sell financial securities, commodities, and other fungible substance of value at low transaction costs and at prices that reflect capable markets. A stock market is a market for the trading of company stock, and derivatives of same; both of these are securities scheduled on a stock replace as well as those only traded privately.


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