Welcome to the 1520 Perfect Dictionary

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Market (7)
MARKET (7)

Definition: An occasion when people buy and sell goods; the open area or building where they meet to do this.
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* All fourteen elements should be in.

* This is about the area or building.


1. Purposeful (see definition).

2. Necessary to have place (= area or building) designated for activity.

3. Specific and identifiable as a place to buy and sell, not a place hurriedly and/or illegally formed to transact trade. (Connect to #4.)

4. Recognized by the appropriate authority or authorities.

5. Area or building is safe, secured and protected.

6. Reachable and accessible (to emphasize).

7. Has necessary infrastructures and relevant facilities - fire station, police post, bank, etc. - to help cope in the event of an emergency, etc. That is, place is well-equipped, furnished, etc. to meet the requirements of trading activities.

8. Neat, clean and tidy; hygienic (connect to #11).

9. Opening times or hours of business are favourable. Or area or building is open all hours, if necessary, for exchanges to take place.

10. Has the commodity or service that a buyer needs or requires.

11. (Reserved.) (If a building, roofed, not leaky; and if an open area, not wet and dirty grounds or floor.)

12. Appropriately located - preferably nearby. And/or easily reachable by the available means of transport.

13. The figures and data on inflation rates, etc. given by statisticians, economists, actuaries, etc. correlates with what obtains or is obtainable in this place. (Connect to #14.)

14. Prices of goods and services in the place are reasonable or are the minimum available, for particular goods or services, within the locality.
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See perfect MARKET (1).

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