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Seller's Market

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Seller's Market
A market condition characterized by a shortage of goods available for sale.

Notes:
In a seller's market in commodities, the seller--because of the scarcity of underlying commodities or goods--is able to obtain better conditions for the sale, or higher prices.


Seller's market
Market in which demand exceeds supply. As a result, the seller can dictate the price and the terms of sale.


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