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noun

der Binnenmarkt, ¨-e

single market

Definition & meaning

A Binnenmarkt is a market within a country or a larger economic area, as opposed to trade with markets outside it. The word is often used for the EU internal market, where goods, services, capital, and people can move relatively freely between member states.

Grammar & word origin

Binnenmarkt is a masculine noun: der Binnenmarkt. Its plural is die Binnenmärkte.

It is a compound of binnen (“within”) and Markt (“market”). The first part indicates that the market lies within a particular territory or economic area.

Synonyms & antonyms

  • Inlandsmarkt — a close synonym, usually emphasizing the market within one country. Binnenmarkt can also refer to a larger area, such as the EU.
  • Heimatmarkt — the home market of a company or producer; it describes the market from a particular business’s perspective.

Possible antonyms:

  • Auslandsmarkt — a market outside one’s own country.
  • Außenmarkt — an external market, contrasted with a market inside a given territory.

Common phrases & collocations

  • der EU-Binnenmarkt — the European Union’s internal market.
  • den Binnenmarkt stärken — to strengthen the internal market.
  • Zugang zum Binnenmarkt — access to the internal market.

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Examples

Der Binnenmarkt fördert den Handel zwischen den Ländern.noun

The single market promotes trade between the countries.

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