buyer's market. The New Dictionary of Cultural Literacy, Third Edition. 2002

Reference > The New Dictionary of Cultural Literacy > 18. Business and Economics

CONTENTS · INDEX · GUIDE · BIBLIOGRAPHIC RECORD

The New Dictionary of Cultural Literacy, Third Edition. 2002.

buyer’s market


A market in which supply exceeds demand. As a result, suppliers usually have to lower their prices, thus favoring the buyer. (Compare seller’s market.)	1

The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

CONTENTS · INDEX · GUIDE · BIBLIOGRAPHIC RECORD

Click here to shop the Bartleby Bookstore.