/ˈmæk.ti/ or /ˈmɑːk.ɪt/ (MAK-tē or MAR-kit)

Definitions

1. noun

a marketplace, especially one for buying and selling securities, commodities, or other financial instruments

“The company’s stock was listed on the major mkt.”

2. noun

a place, such as a town or city, where a market or bazaar is held

“The mkt square was bustling with activity during the festival.”

3. noun

short for market, a specific area or region where goods and services are sold or distributed

“The company is trying to increase its presence in the Asian mkt.”

4. abbreviation

short for market, a symbol used in financial markets to represent a particular market or exchange

“The price of the stock is listed as $50.00/mkt.”

5. verb

to market or promote a product or service

“The company is mkt-ing their new product to the target audience.”