Market/ˈmɑːrkɪt/ Definition 1 of 4Pro Tip 1/3Physical Space Refers to a specific location where trading occurs, often outdoors or in a designated building. Let's meet at the Christmas market in the square. Pro Tip 2/3Variety of Goods Can indicate the types of items offered, from food and clothes to antiques and crafts. You'll find handmade jewelry at the craft market. Pro Tip 3/3Regular Events Some markets, like farmer's markets, occur weekly or seasonally. The farmer's market sets up every Thursday.