Encyclopedia

Market


39 MARKET: An organization creating conditions for conducting trade based on sales contracts

Source: "GOST R 51303-99. State Standard of the Russian Federation. Trade. Terms and Definitions" (approved by the Order of the Russian State Standard from 11.08.1999 No. 242-st)

A market is a property complex operating on a permanent basis in places determined by executive authorities (municipal bodies), intended for conducting trade activities according to established rules and norms. The area of the market should be isolated from adjacent territory by special structures (trading facilities) meeting safety, sanitary, fire prevention, and other requirements set for objects of the corresponding profile

Source: Order of Rosstat dated 29.03.2005 No. 22 "On Approval of the Procedure for Preparation and Conducting Quarterly Statistical Observation of Sales Volumes on Markets"

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