MARKET, MARKETPLACE.The former is found in OT in Eze_27:13; Eze_27:17 etc. as the rendering of a collective noun signifying articles of exchange, hence RV [Note: Revised Version.] throughout merchandise, this last in Eze_27:15 being AV [Note: Authorized Version.] rendering of another word for which RV [Note: Revised Version.] gives mart. In NT market has disappeared from RV [Note: Revised Version.] in favour of the uniform marketplace (Gr. agora). Here we must distinguish between the markets of Jerusalem (Mat_11:16, Mar_7:4 etc.), which were simply streets of shopsthe bazaars of a modern Eastern city,and the market (AV [Note: Authorized Version.] ) or marketplace (RV [Note: Revised Version.] ) of a Greek city (Act_16:19; Act_17:17). The latter was the centre of the public life of the city, and was a large open space adorned with colonnades and statues, and surrounded by temples and other public buildings.
A. R. S. Kennedy.
Hastings' Dictionary of the Bible
Edited by James Hastings, D.D. Published in 1909