Aftermarket Definition
ăftər-märkĭt
noun
The market for parts and accessories used in the upkeep or enhancement of a previous purchase, as of a car or computer.
American Heritage
The market in replacement or repair parts, additional equipment, etc. for some manufactured product, esp. for automobiles.
Webster's New World
The definition of aftermarket refers to the buying and selling of parts or equipment for a product after the initial product was manufactured and sold.
The supply and demand for replacement ink cartridges for a printer is an example of an aftermarket.
YourDictionary
(business) The market for goods and services surrounding capital purchases of equipment and of software.
Wiktionary
(business) The industry that serves that market, eg, in automobiles, computers.
Wiktionary
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Other Word Forms of Aftermarket
Noun
Singular:
aftermarket
Plural:
aftermarketsOrigin of Aftermarket
-
From after- + market
From Wiktionary
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