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market prices
Subject Category
E Economics, Business and Industry
A price at which a good or service is actually exchanged for another good or service (as an in-kind payment) or for money (in which case it is a financial price). A market price can refer to a transaction that occurs at any location, not necessarily a village or wholesale market. Distinguish from "shadow price".
Definition Source
World Bank-IICA Glossary: Annotated Glossary of Terms Used in the Economic Analysis of Agricultural Projects
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Broader Term
Narrower Term
free on board
Related Term
buying prices
Consumer Price Index
producer prices
shadow prices
precios de mercado
Term Number