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VocabJLPT N1

market price

Noun

Definitions

1. market price
2. speculation (e.g. on stocks)
3. reputation (according to conventional wisdom)

This noun has two main uses: it refers to the market price or going rate for goods and services, and it also refers to speculation or trading on the stock or commodity market. In everyday conversation, it often means the "standard" or "expected" price or situation.

Example sentences

Sentence 1

Wow, even coffee bean prices are up now!

Sentence 2

Compared to last month, vegetable prices have started to settle down.

Sentence 3

She laughed and said, "Knowing market prices makes shopping so much easier."

Sentence 4

"You're taking this job below market rate?" my boss said, frowning.

Sentence 5

Wait, is this really what late-night taxi fares go for now?