German Conversation · Level 23
90 words
German word
Weltmarkt
Pronunciation
IPA/ˈvɛltˌmaʁkt/
Meaning
- masculine nounworld market
Example
Die Preise auf dem Weltmarkt steigen.
Prices on the world market are rising.
More examples
Weltmarktexporte tragen wesentlich zum Wachstum bei.
Exports to the world market make a significant contribution to growth.
Core concept
A worldwide network in which goods, raw materials, services, and prices move between national economies.
Common phrases
auf dem Weltmarkt
on the world market
Weltmarktexporte
exports to the world market
Similar words
Handel: The general activity of buying and selling goods or services.
Welthandel: The buying and selling of goods and services across national borders.
Weltwirtschaft: Economic activity and structures spanning multiple countries.
Definition in German
Weltmarkt bezeichnet den Markt auf globaler Ebene, auf dem Unternehmen und Staaten Waren, Rohstoffe und Dienstleistungen handeln.
Word origin
The compound Weltmarkt joins Welt, from Old High German weralt, with Markt, which entered German from Latin mercatus through earlier German usage.
Usage tips
- In auf dem Weltmarkt, auf takes the dative because the phrase presents the market as the setting of economic activity.
Other meanings
- international marketnoun
Opposites
- Binnenmarktdomestic marketnoun
Related words
- Weltmarktexportexport to the world marketnoun
- Weltmarktanalyseworld market analysisnoun