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Definitions from WordNet
Noun sellers' market has 1 sense
- seller's market, sellers' market - a market in which more people want to buy than want to sell
--1 is a kind of market, marketplace
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Definitions from the Web
Sellers Market
Definition:
A sellers market refers to a situation in the economy where there are more buyers than there are available goods or services. In such a market, sellers have the advantage, as they can dictate higher prices, favorable terms, and enjoy increased competition among buyers for their products or services.
Senses:
- Primary sense: A market condition where supply is low compared to demand, giving sellers the upper hand.
- Secondary sense: A term used to describe a specific industry or segment within a market that is advantageous for sellers.
Examples:
Sense 1: A market condition where supply is low compared to demand, giving sellers the upper hand.
- The real estate market is currently a sellers market, with limited properties available and high demand from buyers.
- During a sellers market, homeowners can sell their houses quickly and at higher prices due to the shortage of available homes.
- In a sellers market, car dealerships often have a waiting list for popular models, allowing them to sell cars at a premium.
Sense 2: A term used to describe a specific industry or segment within a market that is advantageous for sellers.
- The art market in New York City is considered a sellers market, where artists can sell their masterpieces at remarkable prices.
- In the technology sector, smartphones are a sellers market due to the constant consumer demand for the latest models.
- For luxury goods, such as designer handbags, the global market functions as a sellers market due to their exclusivity and high demand.
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