🇰🇷Korean Source WordCode: KO

시장 법

Pronunciation / Transliteration: Sijang beop

🇬🇧 Direct English Meaning:
Market Law/ˈmɑːrkɪt lɔː/
nounCEFR B2 (Upper)Top #1500 frequency
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🇰🇷 Example Sentence in Korean:

"시장 법은 소비자를 보호합니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A body of regulations governing the conduct of trade and commerce in a market.

    "The new market law aims to protect consumers from fraudulent practices."
  2. 2

    Legal principles that dictate the operation of markets and the behavior of market participants.

    "Understanding market law is essential for businesses to operate legally and ethically."

Thesaurus & Semantic Spectrum

Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'market' originates from the Latin 'mercatus', meaning 'trade' or 'commerce', while 'law' comes from the Old English 'lagu', meaning 'something laid down or fixed'. The combination reflects the regulations governing trade practices that have evolved since the medieval period.

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