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Home > QFINANCE Dictionary > Definition of product market

Definition of

product market

Operations & Production

selling to business rather than consumer the market in which products are sold to companies rather than directly to consumers. The product market is concerned with purchasing by organizations for their own use, and includes such items as raw materials, machinery, and equipment, which may in turn be used to manufacture items for the consumer market.

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Definitions of ’product market’ and meaning of ’product market’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’product market’ and other financial terms with our online QFINANCE Financial Dictionary.

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