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Kunstmarkt

art market

noun KUNST-markt Rare

Usage Note

Kunstmarkt refers to the economic sphere in which artworks are bought, sold and valued. Auction houses, galleries and fairs (Art Cologne, Art Basel) are key players in the Kunstmarkt.

Examples

"Der internationale Kunstmarkt konzentriert sich auf wenige Handelsplätze wie London und New York."

Natural Translation

The international art market is concentrated around a few trading centres such as London and New York.

Literal Translation

The international art-market concentrates itself on few trading-places like London and New York.

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