The Enterprise and Economic Development Glossary a resource of the .network library

market:

... a venue where the forces of supply and demand are interactive; a place of commerce where goods and services are delivered to end users. It is referred to an a marketplace.

Markets are at the end of supply chains where they, along will all inputs and outputs exist as factors in the enterprise and economic development process. The Marketplace is where buyers and sellers interact directly or through intermediaries, for example, through brokers. It's a part of an economy where there are deals, contracts, barters and purchases.

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The Enterprise and Economic Development Glossary a resource of the .network library

supply and demand:

... a market input of product at a deliverable price to the point where a willing buyer acts on its purchase. The expression is a cornerstone for theory that is applicable to the market economy. Its a type of equilibrium model that exposes a relationships between products and services accessibility and the interest that purchasers have. Supply and demand models factor in whatever might cause disruptions. As supports for theory, models of this type. Other more general equilibrium models define the attributes that are responsible for supply schedules.

Economic theory is based on developing supply and demand models and then factoring in whatever elements might cause disruption to their smooth flow. One limitation of the theory is its typical assumption of markets that are perfectly competitive. For example, no single buyer or seller or buyers same affects pricing. In the real world supply and demand are constantly adjusting because they are not equal, those forcing continuous indepth analysis.

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FYI: definition of asset, what is an asset, what are assets, definition of asset management, what is an asset manager, what is a business asset, what is an industrial asset