What does corner the market mean?
Definitions for corner the market
cor·ner the mar·ket
This dictionary definitions page includes all the possible meanings, example usage and translations of the word corner the market.
Wiktionary
corner the marketverb
To monopolize a resource or commodity, as with the intent of driving up prices.
corner the marketverb
To have exclusive possession; to possess something to a high or excessive degree.
Wikipedia
corner the market
In finance, cornering the market consists of obtaining sufficient control of a particular stock, commodity, or other asset in an attempt to manipulate the market price. One definition of cornering a market is "having the greatest market share in a particular industry without having a monopoly".Companies that have cornered their markets have usually done so in an attempt to gain greater leeway in their decisions; for example, they may desire to charge higher prices for their products without fears of losing too much business. The cornerer hopes to gain control of enough of the supply of the commodity to be able to set the price for it.
Numerology
Chaldean Numerology
The numerical value of corner the market in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of corner the market in Pythagorean Numerology is: 3
Examples of corner the market in a Sentence
IEX's blatant attempt to corner the market for routing and potentially other services by means of their unfair market structure raises serious concerns for all market participants.
The U.S. is self-sufficient in food, water, energy and labor - and they've managed to corner the market in technological innovation ... The dollar has to be strong in 2015.
In the 1980s, the Chinese Communist Party went all in on pharmaceutical manufacturing, subsidizing the manufacturing costs of standard generic medicine like amoxicillin, that, along with their unethical, cheap labor practices, allowed them to corner the market.
Translations for corner the market
From our Multilingual Translation Dictionary
- बाजार को कोनेHindi
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"corner the market." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/corner+the+market>.
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