mkt.
noun
Definitions
A gathering of people for the purchase and sale of merchandise at a set time, often periodic.
Example: The privilege to hold a weekly market was invaluable for any feudal era burgh.
City square or other fairly spacious site where traders set up stalls and buyers browse the merchandise.
A grocery store
Example: Stop by the market on your way home and pick up some milk
A group of potential customers for one's product.
Example: We believe that the market for the new widget is the older homeowner.