Market Town

Market town or market right is a legal term, originating in the medieval period, for a European settlement that has the right to host markets, distinguishing it from a village and city. A town may be correctly described as a "market town" or as having "market rights", even if it no longer holds a market, provided the legal right to do so still exists.

Read more about Market Town:  England, German-language Area, Norway, References and Sources

Famous quotes containing the words market and/or town:

    The only reason to invest in the market is because you think you know something others don’t.
    R. Foster Winans (b. 1948)

    The time you won your town the race
    We chaired you through the market-place;
    Man and boy stood cheering by,
    And home we brought you shoulder-high.
    —A.E. (Alfred Edward)