A haat bazaar, most often called simply haat[what language is this?] or hat, is an open-air market that serves as a trading venue for local people in rural areas and some towns of Nepal, India, and Bangladesh. 
Haat bazaars are conducted on a regular basis, i.e or that is once, twice, or three times a week and in some places every two weeks. At times, haat bazaars are organized in a different manner, to support or promote trading by and with rural people.
In addition to providing trading opportunities, haat bazaars gradually concentrate rural settlements and convert villages into small towns. In Eastern Nepal, most of the towns are named after the weekly haat. Aaitabare, Sombare, Mangalbare, Budhabare, Bihibare, Sukrabare, and Sanischare are some common Nepali town names that are named for the day of the weekly haat. Panchami, Nawamidanda, and Saptami are towns named after the fortnightly haats, according to the Hindu lunar calendar.
Dilli Haat is a famous market place in Delhi. Rampurhat is a municipality in India.
India’s Largest Haat Bazaar is Gohpur Haat Bazaar from Gohpur in Assam.
Two districts Lalmonirhat and Jaipurhat of Bangladesh have the suffix “haat” in their name, undoubtedly reflecting the presence of haat bazaars in those locations.
- ^“Haat”. Oxford Dictionary.access date March 2015
- ^Crow, B., Markets, Class and Social Change: Trading Networks and Poverty in Rural South Asia, Palgrave, 2001, [Glossary] p. xvii
- ^“Haat”. Nepal News.access date March 2015
- ^“Icimod Haat Bazaar – Showcase, Sell, Share”. Icimod.access date March 2015
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.