/ Dictionary / Index M market price: Meaning and Definition of Find definitions for: mar'ket price" Pronunciation: [key] the price at which a commodity, security, or service is selling in the open market. Also called Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. marketplace market research Related Content Daily Word Quiz: perspicacious Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language