Definition of "market price" []

• The prevailing price at which merchandise, securities, or commodities are sold. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "At Uncle Bubba’s Oyster House, the restaurant I own with my brother, fish is simply more costly than, say, chicken, but by having a varied menu you can charge a fair market price for the more expensive fish and less for things like, say, hot wings."