How Do You Spell CORNER THE MARKET?

Pronunciation: [kˈɔːnə ðə mˈɑːkɪt] (IPA)

The phrase "corner the market" means to gain control or monopolize a specific industry or product. The spelling of this phrase in IPA phonetic transcription is /ˈkɔːnər ðə ˈmɑːkɪt/. The "k" sound in "corner" and the "m" sound in "market" are pronounced with aspiration, where a small puff of air is released along with the sound. The "r" sound in "corner" is slightly rolled, while the "a" sound in "market" is pronounced as a long vowel.

CORNER THE MARKET Meaning and Definition

  1. To "corner the market" is a phrase used in economics and finance to describe a situation where an individual or entity manages to gain exclusive control or dominance over a particular market or product. This can be accomplished by purchasing a significant majority of the available supply or by creating barriers that limit entry for competitors.

    When someone corners the market, it means they have acquired such a substantial share of the market's resources, such as raw materials, commodities, or stocks, that they effectively control the supply and can dictate pricing and market conditions. By having exclusive control, they can manipulate prices in their favor and potentially exploit the market.

    In some cases, cornering the market may involve speculative activities, such as buying up large amounts of a commodity with the intention of selling it later at inflated prices for significant profits. However, regulatory bodies often closely monitor and regulate such practices to prevent market manipulation and protect fair competition.

    The concept of cornering the market has both positive and negative consequences. On one hand, it can result in increased efficiency, economies of scale, and innovation. On the other hand, it can be detrimental to market competition, hinder fair pricing, and limit choices for consumers. Therefore, cornering the market is often a subject of both legal and ethical scrutiny.

Common Misspellings for CORNER THE MARKET

  • xorner the market
  • vorner the market
  • forner the market
  • dorner the market
  • cirner the market
  • ckrner the market
  • clrner the market
  • cprner the market
  • c0rner the market
  • c9rner the market
  • coener the market
  • codner the market
  • cofner the market
  • cotner the market
  • co5ner the market
  • co4ner the market
  • corber the market
  • cormer the market
  • corjer the market
  • corher the market

Idioms with the word CORNER THE MARKET

  • corner the market on sth The idiom "corner the market on something" refers to the act of gaining full control or dominance over a particular product, service, or industry, resulting in little or no competition. It implies having a monopoly or a near-monopoly in a specific market, giving the individual or company significant power and influence.
  • corner the market on (something) The idiom "corner the market on (something)" means to monopolize or dominate a particular market or industry by gaining control over a substantial amount of its resources, products, or services. It describes a situation where one entity or individual possesses such a significant share of the market that they have an undeniable advantage over their competitors.
  • corner the market on The idiom "corner the market on" means to gain control or dominate a particular market or industry, giving someone an exclusive position or monopoly in terms of supply, distribution, or pricing. It implies having a significant advantage over competitors and exercising a strong influence or control over market conditions.
  • corner the market The idiom "corner the market" means to dominate or monopolize a particular market or industry, usually by controlling a large portion of the available supply of a product or service. It can also refer to someone gaining a significant advantage over their competitors in a specific market.