internal market
noun
ukus[S]POLITICS,ECONOMICS
thesystemoffreetradethatexistsbetweencountriesbelongingto theEuropeanUnion:
the EU/Europeaninternalmarket
Compare
single market
[C]HR,WORKPLACE
asystemin which differentdepartmentswithin acompanyor anorganizationprovidegoodsandservicesto each other:
Theintroductionof aninternalmarketwithin thehealthserviceaimedtokeephealthcarecostslowbyforcinghospitalstocompeteforpatients.
[C]COMMERCE,ECONOMICS
asituationin which differentcompanieswithin aparticularcountryprovidegoodsandservicesto each other:
Brazilhas had ahugeinternalmarketforproductsandservices, withcompaniesthere stillenjoyinggoodopportunitiestoachievegrowththroughdomesticsales.
Compare
domestic market