Definition of Seller's Market

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TeachMeFinance.com - explain Seller's Market



seller's market -- a market condition in which demand for a product or service exceeds available supply, resulting in higher prices favoring the seller. Opposite of buyer's market.

another definition...

Seller's Market -- Exists when goods are in short supply compared to the demand, at which point the economic forces of business tend to cause goods to be priced at the vendor's estimate of value.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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