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Definition of "nonmarket" []

  • Not market-based; often specifically lacking the openness of a free market (adjective)
  • That which is not a market. (noun)

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Use "nonmarket" in a sentence
  • "The Bush administration also reversed a two-decade-old policy in March 2007 that prevented U.S. companies from seeking protection against unfair government subsidies of goods produced in "nonmarket" -- usually Communist -- countries."
  • "At issue in the case against China was whether it was appropriate to impose "countervailing duties" against countries still classified as nonmarket economies under U.S. trade law."
  • "To be sure, this deceleration has probably been exaggerated by a sharp decline in the so-called nonmarket component of PCE prices, which tends not to be a reliable indicator of inflation trends."