market price

noun

the price at which a commodity, security, or service is selling in the open market.

Also called market value.

Origin

1400-50; late Middle English

Examples from the web for market price

The variations in the market price of such commodities, therefore, can arise only from some accidental variation in the demand.
It doesn't go to inventors, who receive only a fair-market price for their patents.
Commodity customers face the same stated market price and determine whether to buy or sell on the basis of it.
Farmers are not penalized if the market price ultimately rises higher than the guaranteed minimum price.
It also triggers the market price lookup software that gathers prices from websites around the globe.
It was solved by taking the land into ownership and selling the grazing rights for a market price.
Well, the market price tells us the optimal algorithm.
Coal's market price may be low, but the true costs of its extraction, processing and consumption are high.
Without the patent protection, or legal restrictions of some sort, the market price will be low and the profitability low.
ON a restaurant menu, you'll sometimes see the phrase market price next to lobster or another expensive item.

British Dictionary definitions for market price

noun

the prevailing price, as determined by supply and demand, at which goods, services, etc, may be bought or sold