market price

noun

1. the price at which a commodity, security, or service is selling in the open market.

market price

noun

1. the prevailing price, as determined by supply and demand, at which goods, services, etc, may be bought or sold

Word History and Origins

Origin of market price¹

late Middle English word dating back to 1400–50

Example Sentences

But with two recent increases in October, Nigerians are now paying market prices for fuel for the first time in three decades.

From BBC

The country’s central bank has reported that nearly half of families who rent at market prices are at risk of poverty or social exclusion.

From BBC

"There’s a history of growers in Vietnam being fickle in response to market price fluctuations, overcommitting, and then flooding the market with quantities of their new crop," Mr Firth says.

From BBC

“The new plane, bought far below the market price, saves Nigeria huge maintenance and fuel costs, running into millions of dollars yearly,” the statement read in part.

From BBC

The personal prices received by the drivers could differ significantly from each other, but were almost always lower than the market prices.

From Science Daily