mar·ket·place 
/ˈmɑɚkətˌpleɪs/ noun
plural mar·ket·plac·es /ˈmɑɚkətˌpleɪs/ noun 1 [singular] : the economic system through which different companies compete with each other to sell their products
▪ Their products must compete in the marketplace. ▪ The company has struggled to survive in a rapidly changing marketplace. 2 [count] : a place in a town where markets are held
▪ Their products must compete in the marketplace. ▪ The company has struggled to survive in a rapidly changing marketplace.
