The A-Z of the International Art Market ─ The Essential Guide to Customs, Conventions and Practice

In 2014 there were over 300,000 companies involved in the world's art market, employing around 2.8 million people, and applications to undergraduate and postgraduate degree courses are at an all-time high. But the language used by market insiders can be alienating and confusing to those new to the art market. The A-Z of the International Art Market not only clarifies useful terms and definitions, but also represents a significant contribution to the fast-developing processes of transparency and democratisation in the global art business.

Written as an alphabetical glossary comprising art market terms and core concepts - both historical and contemporary - the book contains a number of extended introductory essays outlining the development of larger core themes, such as auctions, art fairs and art investment. A long-awaited reference source, the book provides an accessible introduction to the art world's core concepts, as well as a thorough explanation of, and insight into, critical areas that anyone involved in the art market will find useful and enlightening.