Definition of near-market in English:


Pronunciation /ˌnɪəˈmɑːkɪt/


  • 1Designating a rate, price, etc., set at a level close to (but usually slightly lower than) that charged on the open market; resembling that set by the market.

  • 2British Of industrial, scientific, etc., research: investigating or concerned with something regarded as close to being a marketable product; specifically designating such research as ineligible for public funding because of its object's potential profitability.


1960s; earliest use found in The Times. From near + market.