a commodity market in a trading centre rather than at a producing centre
terminal market in American English
noun
an organized market in a city into which large quantities of agricultural produce, livestock, etc., are shipped for distribution and sale
Word origin
[1890–95]This word is first recorded in the period 1890–95. Other words that entered Englishat around the same time include: bootstrap, cholesterol, honky-tonk, plein-air, pogey