Hello, you have come here looking for the meaning of the word
market class. In DICTIOUS you will not only get to know all the dictionary meanings for the word
market class, but we will also tell you about its etymology, its characteristics and you will know how to say
market class in singular and plural. Everything you need to know about the word
market class you have here. The definition of the word
market class will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
market class, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
market class (plural market classes)
- (agriculture) A commodity, usually produced on farms and part of a larger category. Products within a market class have similar physical characteristics, are grown or raised under similar conditions, and are bought and sold under similar terms and conditions.
1932, Lewis Cecil Gray, History of Agriculture in the Southern United States to 1860, Volume 2, Carnegie Institute of Washington, page 718:The evolution of the cotton market was greatly facilitated by the gradual development of recognized market classes and grades.
See also