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seller's market. Definition. A market which has more buyers than sellers. High prices result from this excess of demand over supply. Use seller's market in a sentence. â It was a seller's market and I did not pay much attention to it because I was a buyer and liked doing that. â.
It's time to start getting honest about a very simple fact: Nobody, but nobody, really believes in free markets. That's right. Not the Republican Party, not the libertarians, not the Wall Street Journal, nobody. Here's why: a truly free market is a perfectly competitive market. Which means that whatever you have to sell in that market, so does your competition. Which means price war. Which means your price gets driven down. Which means little or no profit for you. Oops! Naturally, businesses flee perfectly competitive markets like the plague.