Synonyms

open market

American

noun

an unrestricted competitive market in which any buyer and seller is free to participate.

open market British

noun

1. a market in which prices are determined by supply and demand, there are no barriers to entry, and trading is not restricted to a specific area
2. ( as modifier )
  
  open-market value

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Other Word Forms

open-market adjective

Etymology

Origin of open market

First recorded in 1760–70

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Kashkari is a voting member of the Federal Open Market Committee this year.

From The Wall Street Journal

The deal was meant to let investors exit by giving them shares they could sell on the open market.

From The Wall Street Journal

Fed governor Christopher Waller, who dissented in favor of a rate cut at the most recent Federal Open Market Committee meeting, said that a rate cut will be “close to a coin flip” at the next meeting, in mid-March.

From Barron's

Research shows that homes sold on the open market through multiple listing services sell faster and for about $5,000 more.

From MarketWatch

In separate speeches and question-and-answer sessions, the two voting members of the Federal Open Market Committee described AI as a powerful long-run force for innovation.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023