Aftermarket meaning

ăftər-märkĭt
Products that are offered as replacements for an original part. An aftermarket product may be identical to the original or offer entirely different features.
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(business) The market for goods and services surrounding capital purchases of equipment and of software.
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(business) The industry that serves that market, eg, in automobiles, computers.
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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.

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The market for parts and accessories used in the upkeep or enhancement of a previous purchase, as of a car or computer.
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The market in replacement or repair parts, additional equipment, etc. for some manufactured product, esp. for automobiles.
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(finance) Trading activity in a security immediately following its initial offering to the public.
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Origin of aftermarket

  • From after- +‎ market

    From Wiktionary