marketplace vs bazaar

marketplace and bazaar both are nouns.

Word	Noun	Adjective	Verb	Adverb
marketplace	Yes	No	No	No
bazaar	Yes	No	No	No

As nouns, bazaar is a hyponym of marketplace; that is, bazaar is a word with a more specific, narrower meaning than marketplace:

marketplace: an area in a town where a public mercantile establishment is set up
bazaar: a street of small shops (especially in Orient)

marketplace (noun)	bazaar (noun)
the world of commercial activity where goods and services are bought and sold	a sale of miscellany; often for charity
an area in a town where a public mercantile establishment is set up	a shop where a variety of goods are sold
	a street of small shops (especially in Orient)