Words / T / Business

tâtonnement

noun/tɑːtɒnˈmɒŋ/

C2CEFR level
98/100Rarity: very rare
TechnicalRegister

The trial-and-error process by which a market gropes toward the price that clears supply and demand.

The auctioneer's tâtonnement raised and lowered the call price until bids and offers finally matched.

Similar: groping

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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