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.