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WordNet-Online
Definitions from WordNet
Noun buyers' market has 1 sense
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Definitions from the WebBuyers MarketDefinition: A buyers market refers to a situation in the economy where there are more sellers than buyers for a particular product or service, giving buyers an advantageous position to negotiate better prices and terms. Sense 1: Noun - A situation in which the supply of goods or services exceeds the demand, resulting in low prices and advantageous conditions for buyers. Example sentence: In a buyers market, homebuyers have the upper hand as they can negotiate lower prices and request additional amenities. Sense 2: Noun - A situation in a real estate market where the number of houses for sale is greater than the number of buyers, causing property prices to decrease. Example sentence: During the recession, it was a buyers market for houses, as property values sharply declined. Sense 3: Noun - A general situation in an economy where consumers have more choice and power due to low demand for products or services. Example sentence: The advancement of technology created a buyers market, enabling customers to compare prices and make informed decisions. Sense 4: Adjective - Describing a market or situation that favors buyers, allowing them to have better purchasing terms. Example sentence: Now is a perfect time to buy a car since it is a buyers market with financing incentives and discounted prices. Related products on Amazon: | ||||
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