marketbasket

marketbasket
marketbasket [mär′kit bas΄kit]
n.
a selected list of goods and services, usually food and household items regarded as typifying consumer spending over a given time, used to measure the cost of living: also market basket

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market basket n.
1. A grocery cart.
2. A group of products or services in a specific market, especially when considered in terms of its fluctuating cost in determining a consumer price index: “The CPI measures the average price change over time of a fixed market basket containing more than 200 goods and services” (Teresa Tritch).

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Universalium. 2010.

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Look at other dictionaries:

  • marketbasket — [mär′kit bas΄kit] n. a selected list of goods and services, usually food and household items regarded as typifying consumer spending over a given time, used to measure the cost of living: also market basket …   English World dictionary

  • basket — [bas′kit, bäs′kit] n. [ME < ?] 1. a container made of interwoven cane, rushes, strips of wood, etc. and often having a handle or handles 2. the amount that a basket will hold 3. anything like a basket in shape or use 4. the structure hung from …   English World dictionary

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