buyer's market
Conditions where there are more sellers than buyers in the market, typically leading to lower selling prices on properties.
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The following dictionary definition list is provided for clarification only. Note that many definitions are not directly applicable to mortgages, loans or other financial terminology in this glossary. Used with permission: WordNet 2.1 Copyright 2005 by Princeton University. All rights reserved.
buyer
Noun: buyer, purchaser, emptor, vendee (a person who buys)
market
Noun: market, marketplace (the world of commercial activity where goods and services are bought and sold) "without competition there would be no market"; "they were driven from the marketplace"
Noun: market, securities industry (the securities markets in the aggregate) "the market always frustrates the small investor"
Noun: market (the customers for a particular product or service) "before they publish any book they try to determine the size of the market for it"
Noun: grocery store, grocery, food market, market (a marketplace where groceries are sold) "the grocery store included a meat market"
Verb: market (engage in the commercial promotion, sale, or distribution of) "The company is marketing its new line of beauty products"
Verb: market (buy household supplies) "We go marketing every Saturday"
Verb: market (deal in a market)
Verb: commercialize, commercialise, market (make commercial) "Some Amish people have commercialized their way of life"
- buyer's market -
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