A bazaar is a permanent merchandising area, marketplace, or street of shops where goods and services are exchanged or sold. The word derives from the Persian word bāzār, the etymology of which goes back to the Middle Persian word baha-char (بهاچار), meaning "the place of prices". Although the current meaning of the word is believed to have originated in Persia, its use has spread and now has been accepted into the vernacular in countries around the world. The rise of large Bazaar's and stock trading centers in the Muslim World allowed the creation on new capitols and eventually new empires. New and wealthy cities such as Istanbul, Isfahan, Golconda, Samarkand, Cairo, Baghdad, Timbuktu were founded along trade routes and bazaars.
Source: Wikipedia, the free encyclopedia