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/Sounds like "mahr" (as in "mark") + "CHAHN" (as in "chat") + "tah" (as in "tar")/

Meaning

The vendor at a traditional market who calls regular customers "marchante" or "marchanta" as a term of familiarity and trust. It signals you are a known face who will get honest prices and the best produce. A warm, everyday word across Mexican, Colombian, Peruvian, and Ecuadorian markets.

Examples

Hey, how much is a kilo of tomatoes today?

Come on in, friend, I've got the best stuff at the market and I'll give you a great price.

Word family
Regional synonyms

An old, beat-up car that barely runs, stalls on its own, and makes weird noises. In Venezuela, a 'perol' is that car that should be in the junkyard.