linguistics: Theory of markedness: The notion of markedness was first developed in Prague school phonology but was subsequently extended to morphology and syntax. When two phonemes are distinguished by the presence or absence of a single distinctive feature, one of them is said to be marked and the…

crossword puzzle: Lester Markel, Sunday editor of The New York Times, insisted that puzzles appearing in that paper contain words linked to the news. Harold T. Bers, an advertising writer and puzzle constructor, devised the internal-clue crossword, in which the theme of the puzzle emerges gradually as…

Sven Markelius was an eminent Swedish architect who introduced the International Style into Sweden in the 1920s. Markelius studied at the Institute of Technology and the Academy of Fine Arts in Stockholm and opened his own architectural office in Stockholm in 1915. From the early years of his

Sven Markelius was an eminent Swedish architect who introduced the International Style into Sweden in the 1920s. Markelius studied at the Institute of Technology and the Academy of Fine Arts in Stockholm and opened his own architectural office in Stockholm in 1915. From the early years of his

Marken, island and gemeente (municipality), west-central Netherlands, within the IJsselmeer. Lying some 11 miles (17 km) northeast of Amsterdam, Marken was separated from the mainland in the 13th century during the formation of the Zuiderzee. The 2-mile- (3-km-) long island has an area of 1 square

clothing and footwear industry: Cutting processes: …three basic operations: making the marker, spreading the fabric, and chopping the spread fabric into the marked sections. The marker, or cutting lay, is the arrangement of patterns on the spread fabrics. When hides are cut, the lay length is the hide size; many hides are cut in single plies.…

marker bed, a bed of rock strata that are readily distinguishable by reason of physical characteristics and are traceable over large horizontal distances. Stratigraphic examples include coal beds and beds of volcanic ash. The term marker bed is also applied to sedimentary strata that provide

the Rockettes: …traced to 1925, when impresario Russell Markert of St. Louis, Missouri, billed a group of women dancers as the Missouri Rockets. Following a positive reception locally, the dance team began a nationwide tour. Among their admiring audiences in New York City was Samuel (“Roxy”) Rothafel, owner of the new Roxy…

IJsselmeer Polders: …fifth potential polder is the Markerwaard Polder in southwest IJsselmeer. Under construction since 1963, its diking was partially complete by the mid-1980s, but plans were then abandoned.

market, a means by which the exchange of goods and services takes place as a result of buyers and sellers being in contact with one another, either directly or through mediating agents or institutions. Markets in the most literal and immediate sense are places in which things are bought and sold.

Abba P. Lerner: …through what he called a Market Anti-Inflation Plan. The plan would have rationed the right of firms to raise their effective prices (calculated as the sum of wages and the price of goods or services), and it would have allowed firms to trade those rights. While more elegant than straightforward…

A company’s market capitalization—or total outstanding share value—might not seem important when you buy the smartphone, cereal, or car the company manufactures. But when you buy shares, “market cap” isn’t just a ranking system for stocks. It’s like having a playbook that tells you how a stock

monopoly and competition: Market conduct and performance: It is helpful to distinguish the related ideas of market conduct and market performance. Market conduct refers to the price and other market policies pursued by sellers, in terms both of their aims and of the way in which they coordinate…

Alvin E. Roth: …who was a pioneer of market design, a field that devises systems for matching supply with demand until a stable market has been established. With the American economist Lloyd Shapley, he was awarded the 2012 Nobel Prize for Economics.

Croatia: Economy of Croatia: …system of socialist self-management to market-oriented capitalism. This required such measures as the sale of state-owned enterprises to private owners, the establishment of functioning markets, and the creation of stable prices, interest rates, and currency. The accomplishment of these tasks proved difficult, largely because of the destabilizing effects of war.…

supply and demand: Market equilibrium, or balance between supply and demand: Supply and demand are equated in a free market through the price mechanism. If buyers wish to purchase more of a good than is available at the prevailing price, they will tend to bid the price up.…

market failure, failure of a market to deliver an optimal result. In particular, the economic theory of market failure seeks to account for inefficient outcomes in markets that otherwise conform to the assumptions about markets held by neoclassical economics (i.e., markets that feature perfect

George A. Akerlof: …his 1970 seminal work “The Market for Lemons: Quality Uncertainty and the Market Mechanism,” Akerlof explained how private or asymmetric information prevents markets from functioning efficiently and examined the consequences. He suggested that many economic institutions had emerged in the market in order to protect themselves from the consequences…

Dominican Republic: Ethnicity: …small group of Japanese developed truck farming in the Constanza River valley before World War II, and their descendants are now found throughout the republic. Intermarriage among all these groups has blurred, but not erased, their ethnic origins.

Brugge: …the city include the old Market Hall (13th–15th century), with a famous 47-bell carillon in the belfry, and the Town Hall (1376–1420). The Chapel of the Holy Blood (14th–16th century) contains the Chapel of St. Basil (1150) and a gold casket that is reputed to hold a few drops of…

Market Harborough, town, Harborough district, administrative county of Leicestershire, central England, on the River Welland. The part of the town north of the Welland, including the historic core, lies within the historic county of Leicestershire, while the part of the town south of the river

Have you ever noticed how quick and efficient it is to buy and sell most commonly traded stocks? You execute a market order, and bam! It’s filled almost immediately. Also, the spread between the prevailing bid and offer prices (the bid-ask spread) is typically tight—often just a penny or two wide.

supply and demand: Market equilibrium, or balance between supply and demand: …price is known as the market mechanism, and the resulting balance between supply and demand is called a market equilibrium.

security: Types of orders: …buying stock is through the market order. This is an order to buy or sell a stated amount of a security at the most advantageous price obtainable after the order reaches the trading floor. A limit (or limited) order is an order to buy or sell a stated amount of…

Investors can buy or sell stocks using a variety of different order types depending on their objectives. For example, the two basic order types are the market order and the limit order. How do you know which one to use? Investing in the stock market—or any market, for that matter—is about more than

monopoly and competition: Market conduct and performance: Market performance refers to the end results of these policies—the relationship of selling price to costs, the size of output, the efficiency of production, progressiveness in techniques and products, and so forth.

market research, study of the requirements of various markets, the acceptability of products, and methods of developing or exploiting new markets. A variety of techniques are employed, depending on the purpose of the research; e.g., surveys may be made of consumer attitudes and product preferences,

market socialism, economic system representing a compromise between socialist planning and free enterprise, in which enterprises are publicly owned but production and consumption are guided by market forces rather than by government planning. A form of market socialism was adopted in Yugoslavia in

Johannesburg: Cultural life: …a trip to the world-renowned Market Theatre, a multitheatre complex housed in the city’s old produce market.

France: Trade: …number of markets increased, and market towns began to appear alongside the former Gallo-Roman cities, which survived as fortresses and population centres and served as the basis for religious organization and political administration.

property tax: Administration: …rental value, capital value, and market value. In European countries the assessment of real property is commonly based on its capital value. The traditional thinking is that capital value can be estimated on the basis of rental values, treating them as earnings on capital. However, most European countries, as well…

When the going is good—lots of good news, strong economic growth, healthy investment portfolios—investors tend to become complacent. Then out of nowhere, something spooks the markets and sends them sharply lower and highly variable. Such abrupt moves, known as market volatility, can wreak havoc on

data mining: Pattern mining: Market-basket analysis, which identifies items that typically occur together in purchase transactions, was one of the first applications of data mining. For example, supermarkets used market-basket analysis to identify items that were often purchased together—for instance, a store featuring a fish sale would also stock…

soft news, journalistic style and genre that blurs the line between information and entertainment. Although the term soft news was originally synonymous with feature stories placed in newspapers or television newscasts for human interest, the concept expanded to include a wide range of media

merger: …service for the same market; market-extensional, if the merged firms produce the same commodity or service for different markets; or vertical, if a firm acquires either a supplier or a customer. If the merged business is not related to that of the acquiring firm, the new corporation is called a…

Herfindahl-Hirschman index: …market and sn denotes the market share of the nth firm. Higher values of the index indicate higher market concentration and monopoly power as well as decreased competitiveness. For example, if there is only one firm in a market with 100 percent market share, then the value of the index…

marketing, the sum of activities involved in directing the flow of goods and services from producers to consumers. For a discussion of how words, images, and associations are used to represent and distinguish a product or service in the marketplace, see brand marketing. Marketing’s principal

marketing: Marketing audit: The second evaluation tool is known as a marketing audit. This is a comprehensive, systematic, independent, and periodic analysis that a company uses to examine its strengths in relation to its current and potential market(s). Such an analysis is comprehensive because it covers…

marketing board, organization set up by a government to regulate the buying and selling of a certain commodity within a specified area. An example is the former Cocoa Marketing Board of Nigeria (which, after 1977, functioned as the Nigerian Cocoa Board and controlled marketing of tea and coffee, as

marketing: Place: …said to be following a channel of distribution. For example, the channel of distribution for many food products includes food-processing plants, warehouses, wholesalers, and supermarkets. By using this channel, a food manufacturer makes its products easily accessible by ensuring that they are in stores that are frequented by those in…

marketing: Marketing evaluation and control: No marketing process, even the most carefully developed, is guaranteed to result in maximum benefit for a company. In addition, because every market is changing constantly, a strategy that is effective today may not be effective in the future. It is…

marketing: Annual-plan control: Third, marketing expense-to-sales analysis gauges how much a company spends to achieve its sales goals. The ratio of marketing expenses to sales is expected to fluctuate, and companies usually establish an acceptable range for this ratio. In contrast, financial analysis estimates such expenses (along with others)…

marketing: Marketing facilitators: Because marketing functions require significant expertise, it is often both efficient and effective for an organization to use the assistance of independent marketing facilitators. These are organizations and consultants whose sole or primary responsibility is to handle marketing functions. In many larger companies,…

marketing: Marketing implementation: Companies have typically hired different agencies to help in the development of advertising, sales promotion, and publicity ideas. However, this often results in a lack of coordination between elements of the promotion mix. When components of the mix are not all in harmony,…

marketing: Marketing intermediaries: the distribution channel: Many producers do not sell products or services directly to consumers and instead use marketing intermediaries to execute an assortment of necessary functions to get the product to the final user. These intermediaries, such as middlemen (wholesalers, retailers, agents, and…

marketing: Strategic control: …evaluate itself, is called a marketing-effectiveness rating review. In order to rate its own marketing effectiveness, a company examines its customer philosophy, the adequacy of its marketing information, and the efficiency of its marketing operations. It will also closely evaluate the strength of its marketing strategy and the integration of…

marketing: Marketing-mix planning: Having developed a strategy, a company must then decide which tactics will be most effective in achieving strategy goals. Tactical marketing involves creating a marketing mix of four components—product, price, place, promotion—that fulfills the strategy for the targeted set of customer needs.

marketization, introduction of competition into the public sector in areas previously governed through direct public control. In its broadest usage, the term marketization refers to the process of transforming an entire economy away from a planned economic system and toward greater market-based

J.-B. Say: …economist, best known for his law of markets, which postulates that supply creates its own demand.

Ed Markey is an American politician who was elected as a Democrat to the U.S. Senate in 2013 and began representing Massachusetts later that year. He previously served in the U.S. House of Representatives (1976–2013). Raised in a Roman Catholic household, Markey attended parochial elementary and

Ed Markey is an American politician who was elected as a Democrat to the U.S. Senate in 2013 and began representing Massachusetts later that year. He previously served in the U.S. House of Representatives (1976–2013). Raised in a Roman Catholic household, Markey attended parochial elementary and

Markham River, river in eastern Papua New Guinea, southwestern Pacific Ocean. The swift but shallow and unnavigable stream rises on the Finisterre Range and receives the Erap River, which courses south from the Saruwaged Range, and the Watut River, which flows north from the Bulolo valley. Flowing

Beryl Markham was an English professional pilot, horse trainer and breeder, writer, and adventurer, best known for her memoir, West with the Night (1942; reissued 1983). She was also the first person to fly solo across the Atlantic Ocean from east to west. At age four Markham went with her father

Edwin Markham was an American poet and lecturer, best-known for his poem of social protest, “The Man with the Hoe.” The youngest son of pioneer parents, Markham grew up on an isolated valley ranch in the Suisun hills in central California. After graduation from college, he became first a teacher

Edwin Markham was an American poet and lecturer, best-known for his poem of social protest, “The Man with the Hoe.” The youngest son of pioneer parents, Markham grew up on an isolated valley ranch in the Suisun hills in central California. After graduation from college, he became first a teacher

Gervase Markham was an English poet and author of a number of popular treatises on country and sporting pursuits. Markham was a minor poet with a few fine passages, but his association with the earl of Essex led Robert Gittings to suggest in Shakespeare’s Rival (1960) that he might be the rival

Gervase Markham was an English poet and author of a number of popular treatises on country and sporting pursuits. Markham was a minor poet with a few fine passages, but his association with the earl of Essex led Robert Gittings to suggest in Shakespeare’s Rival (1960) that he might be the rival

Chester: William Markham, the deputy governor to William Penn, located his seat of government in Upland when he arrived in 1681 to establish the English colony of Pennsylvania. Upon Penn’s arrival in 1682 the province’s first assembly was convened there. Penn probably renamed the settlement Chester…

markhor, (Capra falconeri), large wild goat of the family Bovidae (order Artiodactyla), formerly found throughout the mountains from Kashmir and Turkistan to Afghanistan but now greatly reduced in population and range. The flare-horned markhor (C. f. falconeri) occurs in Afghanistan, Pakistan, and

Constance Markievicz was an Anglo-Irish countess and political activist who was the first woman elected to the British Parliament (1918), though she refused to take her seat. She was also the only woman to serve in the first Dáil Éireann (Irish Assembly), in which she acted as minister of labour

Constance Markievicz was an Anglo-Irish countess and political activist who was the first woman elected to the British Parliament (1918), though she refused to take her seat. She was also the only woman to serve in the first Dáil Éireann (Irish Assembly), in which she acted as minister of labour

potter’s mark, device for the purpose of identifying commercial pottery wares. Except for those of Wedgwood, stonewares before the 20th century were not often marked. On some earthenware, potters’ marks are frequently seen, but signatures are rare. One of the few found on ancient Greek vases reads:

road: Traffic control: The marking of roadway surfaces with painted lines and raised permanent markers is commonplace and effective, despite high maintenance costs and visibility problems at night, in heavy traffic, and in rain or snow. A solid line is a warning or instruction not to cross, and a…

chemoreception: Pheromones: Marking pheromones require characteristics opposite those of alarm pheromones, since their function is to convey a signal to other members of the species for a relatively long term. Thus, they demand some persistence, though not so much that they remain when their utility is past.…

Peretz Markish was a Soviet Yiddish poet and novelist whose work extols Soviet Russia and mourns the destruction of European Jews in World War II. Markish, the son of poor parents, served with the Russian army during World War I and later joined several other writers in producing modernist Yiddish

Peretz Markish was a Soviet Yiddish poet and novelist whose work extols Soviet Russia and mourns the destruction of European Jews in World War II. Markish, the son of poor parents, served with the Russian army during World War I and later joined several other writers in producing modernist Yiddish

Peretz Markish was a Soviet Yiddish poet and novelist whose work extols Soviet Russia and mourns the destruction of European Jews in World War II. Markish, the son of poor parents, served with the Russian army during World War I and later joined several other writers in producing modernist Yiddish

Meghan, duchess of Sussex is an American British actress and consort (2018– ) of Prince Harry, duke of Sussex and fifth in line to the British throne. She acted on television shows, notably in the legal drama series Suits, before her marriage to Prince Harry. In 2020 the couple gave up their royal

Meghan, duchess of Sussex is an American British actress and consort (2018– ) of Prince Harry, duke of Sussex and fifth in line to the British throne. She acted on television shows, notably in the legal drama series Suits, before her marriage to Prince Harry. In 2020 the couple gave up their royal

Marko Kraljević was a Serbian king (1371–95) of a realm centred in what is now Macedonia and a hero in the literature and traditions of the South Slavic peoples. Marko Kraljević (“Mark, the King’s Son”) was a member of the Mrnjavčević family, which some sources suggest had Herzegovinian origins.

Markos Vafiades was a Greek insurgent, founding member of the Greek Communist Party, and commander of the communist-led Democratic Army in the civil war against the Greek government (1946–49). Vafiades worked as a labourer in Istanbul and fled to Greece as a refugee in 1923. He became a communist

Andrey Andreyevich Markov: >Markov chains. Based on the study of the probability of mutually dependent events, his work has been developed and widely applied in the biological and social sciences.

Markov process, sequence of possibly dependent random variables (x1, x2, x3, …)—identified by increasing values of a parameter, commonly time—with the property that any prediction of the next value of the sequence (xn), knowing the preceding states (x1, x2, …, xn − 1), may be based on the last

Andrey Andreyevich Markov was a Russian mathematician who helped to develop the theory of stochastic processes, especially those called Markov chains. Based on the study of the probability of mutually dependent events, his work has been developed and widely applied in the biological and social

Radio Free Europe: …most famous being Bulgarian writer Georgi Markov, who died in London in 1978 after being stabbed with an umbrella that inserted a poisonous ricin-laced platinum pellet into his leg. RFE/RL headquarters in Munich was bombed in 1981 by terrorists underwritten by the Romanian government and headed by Venezuelan militant Carlos…

Dame Alicia Markova was an English ballerina noted for the ethereal lightness and poetic delicacy of her dancing. Markova studied with Serafima Astafieva and Enrico Cecchetti and, after her debut at age 14 with Serge Diaghilev’s Ballets Russes, was soon dancing leading roles. In 1931 she joined the

Dora Maar was a French photographer and Surrealist artist whose career and accomplishments were overshadowed during her lifetime by the details of her affair with Pablo Picasso. Her work was resurrected and reexamined more thoughtfully after her death. Maar, whose mother was French and father was

Svetozar Marković was a political writer who was largely responsible for introducing socialism into Serbia and whom the Yugoslav Communists claim as their precursor. He was a skilled popularizer of political ideas, an inveterate controversialist, a courageous fighter, and a strong influence on the

Dora Maar was a French photographer and Surrealist artist whose career and accomplishments were overshadowed during her lifetime by the details of her affair with Pablo Picasso. Her work was resurrected and reexamined more thoughtfully after her death. Maar, whose mother was French and father was

Markovnikov rule, in organic chemistry, a generalization, formulated by Vladimir Vasilyevich Markovnikov in 1869, stating that in addition reactions to unsymmetrical alkenes, the electron-rich component of the reagent adds to the carbon atom with fewer hydrogen atoms bonded to it, while the

Vladimir Vasilyevich Markovnikov was a Russian organic chemist who contributed to structural theory and to the understanding of the ionic addition (Markovnikov addition) of hydrogen halides to the carbon-carbon double bond of alkenes. After studying at the universities of Kazan and St. Petersburg,

Harry Markowitz was an American finance and economics educator, cowinner (with Merton H. Miller and William F. Sharpe) of the 1990 Nobel Prize for Economics for theories on evaluating stock-market risk and reward and on valuing corporate stocks and bonds. Markowitz studied at the University of

Harry Markowitz was an American finance and economics educator, cowinner (with Merton H. Miller and William F. Sharpe) of the 1990 Nobel Prize for Economics for theories on evaluating stock-market risk and reward and on valuing corporate stocks and bonds. Markowitz studied at the University of

Marks & Spencer PLC, one of the largest British retail clothing and food companies. Headquarters of the firm are in London. Marks & Spencer started in 1884 as a stall in an open market in Leeds, Yorkshire. Then known as Marks’ Penny Bazaar, it was the household goods, haberdashery, toy, and

Juan Goytisolo: …novel Señas de identidad (1966; Marks of Identity) is the first of a trilogy that presents a fictionalized account of Goytisolo’s life and celebrates the Moorish roots of contemporary Spain. Reivindicación del Conde don Julián (1970; Count Julian), which is considered his masterwork, experiments with transforming the Spanish language, seen…

the Beach Boys:

London Eye: …as an entry submitted by David Marks and Julia Barfield of Marks Barfield Architects in 1993 to a competition, sponsored by The Sunday Times and Great Britain’s Architecture Foundation, for a new landmark to commemorate the millennium in London. Although no winner was declared, Marks and Barfield undertook the development…

Dame Alicia Markova was an English ballerina noted for the ethereal lightness and poetic delicacy of her dancing. Markova studied with Serafima Astafieva and Enrico Cecchetti and, after her debut at age 14 with Serge Diaghilev’s Ballets Russes, was soon dancing leading roles. In 1931 she joined the

Marks & Spencer PLC: …toy, and sheet-music business of Michael Marks, a Jewish refugee from Poland. His sign read “Don’t ask the price—it’s a penny.” In 1894 he took Thomas Spencer as a business partner. Marks’s son Simon transformed the business from a number of outdoor stalls in various markets in northern England to…

Hertha Marks Ayrton was a British physicist who was the first woman nominated to become a fellow of the Royal Society. In 1861 Marks’s father died, and two years later she went to live with her aunt, author Marion Moss Hartog, who ran a school in London. When she was a teenager, Marks changed her

Marks & Spencer PLC: Marks’s son Simon transformed the business from a number of outdoor stalls in various markets in northern England to a number of indoor shops, and he launched the company’s St. Michael brand name—a popular label for decades. In 1988 the parent firm, Marks and Spencer Group PLC,…

Liam Neeson: In The Marksman (2021) he was cast as an Arizona rancher who tries to protect a Mexican boy from members of a drug cartel. Neeson’s subsequent movies included Blacklight (2022), about an operative working for the FBI, and Marlowe, in which he starred as the titular…

Louisiana: Early settlement: …and the Mississippian culture at Marksville (also a state historic site). Most Louisiana peoples lived in hunting and gathering camps in the uplands and coastal prairies, though there were farming villages in the rich low-lying areas known as bottoms. It is estimated that the native population was about 15,000 in…

markup language, standard text-encoding system consisting of a set of symbols inserted in a text document to control its structure, formatting, or the relationship between its parts. The most widely used markup languages are SGML (Standard Generalized Markup Language), HTML (Hypertext Markup

Hjalmar Fredrik Elgérus Bergman: …with Markurells i Wadköping (1919; God’s Orchid, 1924) he at last captured the wider public. The action of this vigorous comic novel takes place, with numerous recapitulations, within a 24-hour period. It tells the story of the grotesque innkeeper Markurell, who, although he has succeeded in getting most of the…

Italy: Henry VI: Henry gave the trusted ministerial Markward of Anweiler the duchy of Ravenna and the march of Ancona as hereditary fiefs, thereby ensuring that the land route between the kingdom of Italy and the kingdom of Sicily was in safe hands. These measures reveal the centralizing goals that were at the…

Rose Markward Knox was an American businesswoman who was highly successful in promoting and selling gelatin for widespread home and industrial use. Rose Markward married Charles B. Knox, a salesman, in 1883. In 1890 they invested their $5,000 savings in a prepared gelatin (gelatine) business to be

Mark Wahlberg: …as Marky Mark and formed Marky Mark and the Funky Bunch. The band’s debut album, Music for the People (1991), which featured cowriting and arrangements by brother Donnie, was a modest success and produced two hit singles, “Good Vibrations” and “Wildside.” In performances and supporting videos, Marky Mark was prone…

marl, old term used to refer to an earthy mixture of fine-grained minerals. The term was applied to a great variety of sediments and rocks with a considerable range of composition. Calcareous marls grade into clays, by diminution in the amount of lime, and into clayey limestones. Greensand marls

Marl, city, North Rhine–Westphalia Land (state), western Germany. It is situated in the Ruhr industrial district, just northwest of Recklinghausen. First mentioned about 800 as a relatively large settlement, the Marl district was sold to the archbishops of Cologne about 1000 and thereafter was part