weak market

weak market definition - business

weak market

A market in which prices are falling because the quantity supplied exceeds the quantity demanded. For example, the United States experienced a weak housing market in 2007 and 2008, when there were more sellers than buyers.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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