Loanfactz Definitions
Glossary of Legal Terms, Loan Terms and Home Construction, Repair and Maintenance Definitions. Some words have more than one meaning. Only those meanings relating to this site will be used.
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Buyer's Market
A slow market condition in which buyer's have the advantage over seller's due to a wide choice of goods available for sale, giving buyer's the power to negotiate lower prices. Opposite of a * seller's market.
Glossary For This Page
(In Alphabetical Order)
* Seller's Market
A condition of the market in which seller's have the advantage over buyer's due to buyer's significantly outnumbering seller's, therefore causing a shortage of goods available for sale, resulting in higher prices favoring the seller.
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