emerging-market
UK[ɪˈmɜːdʒɪŋ ˈmɑːkɪt]US[ɪˈmɜːrdʒɪŋ ˈmɑːrkɪt]
adj
relating to or denoting the financial markets of a developing country
n
a developing country that is becoming more advanced economically and whose financial markets are growing
Morpheme Breakdown
emerging
market
emerging
present participle
market
noun
Etymology
The term is a modern financial compound, formed in the late 20th century. The first element, 'emerging', carries the sense of a nation or economy rising from a state of underdevelopment into greater global integration and visibility. The second element, 'market', specifies the domain of commerce and investment. Literally, it describes a commercial sphere that is in the process of appearing or becoming significant on the world stage, contrasting with established 'developed markets'.
Analysis
Structure: emerging (present participle) + market (noun)
- emerging: From Latin 'emergere' (to rise out or up), via Old French 'emerger'. In this compound, it functions as a present participle adjective meaning 'coming into existence or prominence'.
- market: From Latin 'mercatus' (trade, market), via Old North French 'market'. It functions as a noun denoting a sphere of commercial activity.
Examples
Investors are seeking higher returns in emerging-market economies.
The company plans to expand its operations in several key emerging-markets.
Volatility is often higher in emerging-market bonds compared to their developed-market counterparts.