Definition of aftermarket in English:

aftermarket

noun

  • 1North American The market for spare parts, accessories, and components for motor vehicles.

    as modifier ‘aftermarket security gadgets’
    • ‘It appears that the first thing to blame is the aftermarket accessory.’
    • ‘But the space between the rails will always remain the same so aftermarket companies can design accessories for the system.’
    • ‘To save trips to aftermarket accessories stores, there are four packages that can be added to either model.’
    • ‘It was fully loaded with sunroof, fog lights, spoiler and an aftermarket component audio system.’
    • ‘The profile for the niche vehicle supplier of components, assemblies and systems is quite different from the aftermarket supplier.’
    • ‘Lane had to think long and hard to come up with a unique aftermarket accessory for the 1911 shooter.’
    • ‘After my rifle came the company found an aftermarket accessory that adapts the magazine release too.’
    • ‘Replacement, aftermarket auto parts and car accessories for older models can now be purchased online as well.’
    • ‘One company really took it to the next level by introducing spinning rims to the aftermarket world.’
    • ‘While the rest of the auto industry has aggressively moved to pull systems, the aftermarket business is still in make-to-stock mode.’
    • ‘Clearly the construction industry is an important market for the automobile industry and automotive aftermarket companies.’
    • ‘Total supply chain cost for the unit is said to be equivalent to the price of a quality aftermarket booster seat.’
    • ‘Some say the simple solution for an aftermarket company facing an increase in raw material prices would be to raise their pricing to cover the increase.’
    • ‘New aftermarket parts have improved over the last five years, according to 44 percent of repair shops.’
    • ‘Due to the design of this van and engine, and its aftermarket rear heater, I had to remove the engine cover to replace the coil.’
    • ‘They were able to build upon the aftermarket success in short order.’
    • ‘Every aftermarket motorcycle parts manufacturer is battling with their competitors.’
    • ‘Ask if he is using an aftermarket device such as a laptop near the front passenger seat back.’
    • ‘For that you need to seek help from one of the many aftermarket tuners catering to the market.’
    • ‘The company began to build recognition on an international level, ultimately gaining leadership in Europe's brake disc aftermarket.’
    1. 1.1Stock Market The market for shares and bonds after their original issue.
      • ‘How do I control the aftermarket for my product?’
      • ‘Even some of the biggest losers in the aftermarket say they're relieved they got their deals done.’
      • ‘The magnitude of underpricing increased during the first month of aftermarket trading before being eliminated.’
      • ‘We first cumulated these returns to obtain the cumulative sum unadjusted and market-adjusted returns for the selected aftermarket time horizons.’
      • ‘First, we found that the average aftermarket volatility of matched seasoned stocks has also increased over time.’

Pronunciation

aftermarket

/ˈɑːftəˌmɑːkɪt/