| 释义 |
market
n. A facility for the sale and purchase of goods. The concept of an available market is important in deciding the amount of damages for breach of contracts of sale of goods: it assumes that goods of the contract description can be sold at a market price fixed by supply and demand. The disappointed buyer or seller will usually, upon breach, make a substitute purchase or sale on the market and his damages will be the difference between the contract price and the market price. See also market overt. |