Definition of single market in English:

single market

Syllabification: sin·gle mar·ket

noun

  • An association of countries trading with each other without restrictions or tariffs. The European single market came into effect on January 1, 1993.
    More example sentences
    • In theory, this is one of those times when the European single market proves its worth.
    • The single market, or internal market as it is also known, builds upon the customs union that was established in the 1960s.
    • Important, though much less visible, have been the social policy effects of the single market's development itself.

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Word of the day maelstrom
Pronunciation: ˈmeɪlstrəm
noun
a powerful whirlpool in the sea

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