A more thorough explanation:

Definition: A place where goods or services are bought and sold. It can also refer to a group of people who are interested in buying a particular product or service.

Examples:

• The farmers' market is a mart where people can buy fresh produce directly from local farmers.
• The foreign market for microchips refers to the group of people or companies who are interested in buying microchips, regardless of their location.
• The stock market is a mart where people can buy and sell stocks and other securities.

These examples illustrate how a mart can refer to a physical place, a group of people, or a market for a specific product or service.