His policy on pricing was to let the market decide.
Financial and business terms. 2012.
The Market for Lemons — The Market for Lemons: Quality Uncertainty and the Market Mechanism is a 1970 paper by the economist George Akerlof. It discusses information asymmetry, which occurs when the seller knows more about a product than the buyer. A lemon is an… … Wikipedia
Cornering the market — In finance, to corner the market is to purchase enough of a particular stock, commodity, or other asset to allow the price to be manipulated, by analogy to the general business jargon where a company described as having cornered the market has a… … Wikipedia
on the market — {adj. phr.} For sale. * /In the summer many fresh vegetables are on the market./ * /The Goodwins put their house on the market in January, but they did not sell it till August./ … Dictionary of American idioms
on the market — {adj. phr.} For sale. * /In the summer many fresh vegetables are on the market./ * /The Goodwins put their house on the market in January, but they did not sell it till August./ … Dictionary of American idioms
To be long of the market — Long Long, a. [Compar. {Longer}; superl. {Longest}.] [AS. long, lang; akin to OS, OFries., D., & G. lang, Icel. langr, Sw. l[*a]ng, Dan. lang, Goth. laggs, L. longus. [root]125. Cf. {Length}, {Ling} a fish, {Linger}, {Lunge}, {Purloin}.] 1. Drawn … The Collaborative International Dictionary of English
To be on the long side of the market — Long Long, a. [Compar. {Longer}; superl. {Longest}.] [AS. long, lang; akin to OS, OFries., D., & G. lang, Icel. langr, Sw. l[*a]ng, Dan. lang, Goth. laggs, L. longus. [root]125. Cf. {Length}, {Ling} a fish, {Linger}, {Lunge}, {Purloin}.] 1. Drawn … The Collaborative International Dictionary of English
To go long of the market — Long Long, a. [Compar. {Longer}; superl. {Longest}.] [AS. long, lang; akin to OS, OFries., D., & G. lang, Icel. langr, Sw. l[*a]ng, Dan. lang, Goth. laggs, L. longus. [root]125. Cf. {Length}, {Ling} a fish, {Linger}, {Lunge}, {Purloin}.] 1. Drawn … The Collaborative International Dictionary of English
To forestall the market — Forestall Fore*stall , v. t. [imp. & p. p. {Forestalled}; p. pr. & vb. n. {Forestalling}.] [OE. forstallen to stop, to obstruct; to stop (goods) on the way to the market by buying them beforehand, from forstal obstruction, AS. forsteal,… … The Collaborative International Dictionary of English
play the market — {v. phr.} To try to make money on the stock market by buying and selling stocks, * /John lost all his savings playing the market./ * /Sometimes Mr. Smith makes a lot of money when he plays the market, and sometimes he loses./ … Dictionary of American idioms
play the market — {v. phr.} To try to make money on the stock market by buying and selling stocks, * /John lost all his savings playing the market./ * /Sometimes Mr. Smith makes a lot of money when he plays the market, and sometimes he loses./ … Dictionary of American idioms
in the market for — {adj. phr.} Wishing to buy; ready to buy. * /Mr. Jones is in the market for a new car./ * /People are always in the market for entertainment./ … Dictionary of American idioms
