The name given to a commission granted by the supreme power of a state to a private person for the purpose of seizing the property of a foreign state or its subjects. … [Read more...]
MARKET
A public time and appointed place of buying and selling; also, purchase and sale. It differs from the forum, or market of antiquity, which was a public market-place on one side only, or during one part of the day only, the other sides being occupied by temples, theaters, courts of justice, and other public buildings. Wharton. The liberty, privilege, or franchise by which a town … [Read more...]
MARKET OVERT
Engl. law. Market overt is an open or public market; that is, a place appointed by law or custom for the sale of goods and chattels at stated times in public. 2. In London, every day except Sunday, is market day. In the country, particular days are fixed for market days. 2 Bl. Com. 449. 3. It is a general rule that sales of vendible articles made in market overt, are good not … [Read more...]
MARKET PRICE
The price that an item will bring in the open market. … [Read more...]
MARKET SHARE
The percentage of sales in the marketplace attributed to a company or brand. … [Read more...]