market-n; 6 Senses

Sense Number 1: a commercial system of buying and selling products

Commentary:MARKET[+system][+commercial][+of_buying_and_selling][+product]
NOTE: this refers to the general activities and rules that relate to buying and selling products

Examples:
The economist is a strong advocate of free markets. (all such commercial sectors)
Black markets spring up quickly in societies with communist governments.
They took their house off the market when it wouldn't sell. (refers to housing sector of commerce)
The new medication was rushed to market before adequate testing was done. (pharmaceutical market)
The stock market was closed today for the holiday.
The European markets were more heavily regulated than the Asian markets.

Mappings:
PropBank: market.01
WordNet 3.0 Sense Numbers: 1, 3

Sense Number 2: Placeholder Sense: Do Not Choose

Examples:

Mappings:
PropBank: NM
WordNet 3.0 Sense Numbers: 1

Sense Number 3: a public area set up for the commerce of tangible goods

Commentary:MARKET[+location][+area][+public][+for_commerce][+of_goods][+tangible]
NOTE: choose this sense when 'market' refers to specific locations where food and crafts are sold.

Examples:
Sally and Mary like to visit the local farmers markets during the summer months.
They enjoyed the open air market in a Parisian neighborhood.
We can buy lunch at one of the food stalls in the market in the town square.
The local produce is brought to the central market by trucks and vans.

Mappings:
PropBank: NM
WordNet 3.0 Sense Numbers: 1

Sense Number 4: the level or amount of trading on the stock market in a timeframe

Commentary:MARKET[+quantity][+measure][+of_activity][+trading][+on_stock_market]
NOTE: choose this sense when activity level of stock market trades is implied

Examples:
The long term trend for the market is looking bullish now. (activity will involve selling at higher prices)
The major markets around the world were quiet today, with very little trading. (not much activity)
Recent trends are an indication of another big market crash. (dramatic overselling activity)
The jittery market these past weeks is largely due to the uncertainty of oil prices. (somewhat chaotic trading activity)
The bottom fell out of the market during the financial panic.

Mappings:
PropBank: NM
WordNet 0.0 Sense Numbers: 2d

Sense Number 5: demand, the potential buyers of a given good or service

Commentary:MARKET[+collection][+people][+role][+buyer][+potential][+with_demand]
NOTE: Use this sense when 'demand' can be substituted for 'market' with approximately the same meaning.

Examples:
There is a huge market now for hand-held electronic devices.
Their business model assumes a growing market for this service, which is questionable.
Before they publish any book they try to determine the size of the market for it.
There is a diminishing market in Japan for these products.
The job market has picked up while the housing market has remained soft.

Mappings:
PropBank: NM
WordNet 3.0 Sense Numbers: 4

Sense Number 6: a grocery store

Commentary:MARKET[+artifact][+building][+store][+grocery]
NOTE: Choose this when 'grocery store' is a good substitution.
NOTE: compare this with S3, which is usually more of an outdoor set of stalls, or tables

Examples:
I picked up bread and milk at the convenience market on the way home.
Mary shops at three different markets to get the best prices on cereal, detergent and canned goods.
They are opening a big new health food market in the shopping mall.

Mappings:
PropBank: NM
WordNet 3.0 Sense Numbers: 2