home marketn.
/ˌhəʊm ˈmɑːkɪt/, U.S. /ˌhoʊm ˈmɑrkət/ A market for goods, products, etc., in the country or region in which they are produced.
ΘΚΠ
society > trade and finance > trading conditions > [noun] > supply and demand or market > type of market
free trade1596
home market1680
open market1766
mass market1922
media market1956
vertical market1978
mid-market1993
1680 W. Petyt Britannia Languens viii. 128 The Landholders and Manufacturers, whose Revenues immediately depend on the home-market, and who make up the gross body and strength of a Nation.
1708 J. Oldmixon Brit. Empire in Amer. II. iii. 102 They are at very little Labour to cultivate any thing besides Sugar-Canes, and the Commodities that are fit for a home Market.
1758 D. Hume Ess. ii. vi. 188 A great number of commodities are raised and perfected for the home-market.
1850 H. T. Tuckerman Optimist 188 Their price must necessarily fall below the home-market value.
1892 12th Rep. Vermont State Board Agric. 1891–2 132 Furnishing a home market for their products.
1935 Economist 23 Nov. 1042/1 Radio receiving sets and radio-gramophones had formed the largest part of the sales in the home markets.
1972 D. G. Rhys Motor Industry ii. 40 The immediate post-war concentration on export markets had repercussions on the home market.
2008 C. Lymbersky Market Entry Strategies 29 Some companies directly transfer their main competitive advantages from their home market to a foreign market.
This entry has been updated (OED Third Edition, September 2011; most recently modified version published online March 2022).
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n.1680