Market Terminology

Front

A market where raw or primary products are exchanged.

Back

a commodity market

Front

To be likely to experience something.

Back

to be prone to

Front

An irregular variation in a quantity.

Back

a fluctuation

Front

The relationship between the quantity of a commodity that producers wish to sell and the quantity that consumers wish to buy.

Back

demand and supply

Front

An online platform where goods and services are bought and sold.

Back

a virtual market place

Front

The political and economic factors that affect international relations and trade.

Back

geopolitical conditions

Front

Support provided to customers after they have purchased a product.

Back

after sales service

Front

The process of comparing a business's performance metrics to industry bests or best practices.

Back

benchmarking

Front

A promotion where customers can receive their money back after a purchase.

Back

cash refund offer

Front

A retail store that is part of a larger group of stores owned by the same company.

Back

chain store