Posted in Finance, Accounting and Economics Terms, Total Reads: 1503
Definition: Commercial Market
Commercial Market is defined as a place where companies such as private and public also government entities meet its potential customers where a successful business transaction might occur which results in a successful trade.
For example company XYZ produces commercial trucks and tractors looks for potential buyer for its trucks and tractors. Places like commercial trade fairs and International auto expo might a platform the company XYZ to meet its potential clients which result in a successful business transaction.