noun
niche
NEESH/niːʃ/
A shallow recess in a wall for displaying an object.
A small vase stands in the niche in the wall.

Etymology
A niche was a physical recess, such as a shallow space in a wall. That bounded space became a figurative place occupied by a person or activity: a specialized role, market, or interest.
In context
The broker had to leverage their network. They found a specialized lender, sometimes called a niche lender,
More examples
- The hallway has three niches for displaying pottery.
- She places a vase of flowers in the wall niche.
- A light inside the niche illuminates the sculpture.
Forms
niche · niches