Usually means: Supply equals demand, prices stabilize.
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We found 5 dictionaries that define the word market equilibrium:

General (3 matching dictionaries)
  1. market equilibrium: Longman Dictionary of Contemporary English
  2. Market equilibrium: Wikipedia, the Free Encyclopedia
  3. market equilibrium: Wiktionary

Business (2 matching dictionaries)
  1. Market equilibrium: Deardorff's Glossary of International Economics
  2. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (market equilibrium)

noun:  (economics) A condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers.

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