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sellers' market

 

Definitions from WordNet

Noun sellers' market has 1 sense
  1. 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

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:

  1. Primary sense: A market condition where supply is low compared to demand, giving sellers the upper hand.
  2. 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.

Related products:

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