Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun A geographic, economic, or specialized subdivision of a market.
  • adjective Being below what is usual in a particular market.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun A distinct part of a larger market

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

sub- +‎ market

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Examples

  • Kissimmee submarket, which is dominated by the 1,406-room Gaylord Palms Hotel & Convention Center.

    SplicedFeed 2010

  • It is strategically located along the 580 corridor in the Dublin submarket, which is part of the greater Tri-Valley market and is one of the fastest growing submarkets in the San Francisco Bay Area.

    PRWeb - Daily News Feed 2010

  • The Detroit property is located in the Farmington Hills submarket, which is reporting a vacancy of 18% and asking rents of $16.59 psf.

    unknown title 2009

  • About a year and a half ago in San Diego in the Chula Vista submarket, which is mostly military-driven, there was a lot of volatility because of the troop movements.

    US Market Commentary from Seeking Alpha 2009

  • The building is located in the Meadowlands submarket which is a central location for servicing New York and New England.

    unknown title 2011

  • It's no different from the "redistribution" that occurs when the Federal gov't provides infrastructure improvements on Federal land and submarket leases on the use of that land.

    Bush Administration v. Environmental Groups 2009

  • It's no different from the "redistribution" that occurs when the Federal gov't provides infrastructure improvements on Federal land and submarket leases on the use of that land.

    Bush Administration v. Environmental Groups 2009

  • Mr. Coleman said he can add value by leasing the rest of the 80%-occupied property that is located in a San Francisco submarket that has become more popular in recent years.

    New Test for Hudson Chief Maura Webber Sadovi 2011

  • And in every specific industry that relies heavily on a foreign-born workforce, it is essentially a subsidy: no less than Milton Friedmanhimself said so about the H-1B, while nobody seriously disputes the toleration of illegal workers in agriculture, meatpacking, construction, and so on boils down to a government-supplied workforce at submarket wages and working conditions.

    Matthew Yglesias » The Wages of Immigration 2010

  • As economics, the H-1B enables employers to hire skilled workers at submarket rates.

    Matthew Yglesias » The Wages of Immigration 2010

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