marketplacemar·ket·place /ˈmɑːkətpleɪsˈmɑːr-/ noun [countableC usually singular]COMMERCE the activities involved in buying and selling a particular type of goods or services, in competition with other companiesDevelopments in the marketplace require that we reduce our costs to remain competitive.
Excessive pay is hurting America’s ability to compete in the international marketplace.
marketplace forthe rapidly changing marketplace for toys