🇮🇳Hindi Source WordCode: HI

बन्दी बाज़ार

Pronunciation / Transliteration: bandī bājār

🇬🇧 Direct English Meaning:
Captive market/ˈkæp.tɪv ˌmɑːr.kɪt/
nounCEFR C1 (Advanced)Top #14500 frequency
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🇮🇳 Example Sentence in Hindi:

"हवाई अड्डों पर दुकानें एक बन्दी बाज़ार के रूप में काम करती हैं।"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A market in which consumers have limited choices of suppliers of a product or service, often giving the sole supplier significant pricing power.

    "Airport restaurants operate in a captive market, allowing them to charge much higher prices for food and drinks."
  2. 2

    A group of customers who are compelled by circumstances, location, or lack of alternatives to purchase from a specific company.

    "On-campus student housing creates a captive market for university-approved meal plans."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the adjective 'captive' (from Latin captivus, meaning taken prisoner) combined with 'market' (from Latin mercatus, meaning trade or marketplace). Emerging in mid-20th-century economic discourse, the term metaphorically extends the concept of imprisonment to consumers who are structurally trapped with limited or no alternative purchasing options.

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