Meeting fresh demand (9)

I believe the answer is:

newmarket

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'meeting' is the definition.
The definition and answer can be both acts as well as being singular nouns.
Maybe they are linked in a way I don't understand?

'fresh demand' is the wordplay.
'fresh' becomes 'new' (synonyms).
'demand' becomes 'market' (market can mean commercial demand).
'new'+'market'='NEWMARKET'

Can you help me to learn more?

(Other definitions for newmarket that I've seen before include "Betting card came" , "Suffolk town" , "Suffolk racecourse" , "course?" , "Racecourse - card game" .)

I've seen this clue in The Mirror.

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