noun🔗ShareThe price at which a product, financial instrument, service or other tradable item can be bought and sold at an open market; the going price.""The car dealer offered a fair price, close to the market price (MP) listed in the car valuation guide." "businessfinanceeconomyChat with AIVocabulary GamePractice Reading
noun🔗ShareOn restaurant menus, used to mean the price charged depends on the price of supplies, which may vary."The lobster on the menu is listed as "MP" because the restaurant gets it fresh each day, and the price changes based on how much the fishermen charge them. "foodbusinesseconomyChat with AIVocabulary GamePractice Reading