a situation in which there are more people wanting to buy a product than the amount of the product that is available, so that prices are high and people selling the product have an advantage
Synonyms and related words
The activity of selling
aftermarket
buyer’s market
call
seller’s market
noun singular business
US
DEFINITIONS1
1
a situation in which there are more people wanting to buy a product than the amount of the product that is available, so that prices are high and people selling the product have an advantage