What is the Abbreviation for Market?

How do you abbreviate market? There are two common ways to abbreviate market.

They are,

  • Mkt.
  • Mark.

For example,

  • Corner mkt.
  • Stock Mark.

The plural abbreviation of market is mkts. or mark’s. Of these two abbreviations, mkt is the more common abbreviation.

When to Use This Abbreviation

This abbreviation is usually found in financial services, advertising, and shorthand note taking. You might abbreviate the word market to mkt. or mark. on signage, or in headlines or newspaper titles where space is of concern.

In general prose, however, the word would be completely spelled out.

What Does Market Mean?

abbreviation of market abbreviationDefinition of Market: Market is defined as a regular gathering of people for the purchase and sale of provisions; an area or arena in which commercial dealings are conducted; to advertise or promote (something).

For example,

  • Mom will be back from the market at 5:30 p.m. so you better clean this mess!
  • She tried to market herself as a professional but it was clear from day one that we bought into her charade.

The word market functions as a noun and a verb, respectively, in the above examples.

Outside Examples of Market

  • definition of mktAverage asking rents rose 9 cents from the second quarter to $4.64 a square foot per month, in a market where 1.28 million square feet of offices are under construction –the most of any within the county. –Los Angeles Times

Summary

There are two common abbreviations of market: mkt. and mark. Of these two abbreviations, the more common one is mkt. If you want to make either of these plural, simply add on an “s.” to mkt. and an “ ‘s.” to mark. to avoid confusion.