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open market

noun
1.
an unrestricted competitive market in which any buyer and seller is free to participate.
Origin
1760-1770
1760-70
Related forms
open-market, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for open market
  • Then again, it might have to buy extra allowances on the open market.
  • The logs are not sold on the open market as in the second proposal below.
  • Their wholesale customers might even include some of the big fish-processing plants: laundering caviar for the open market.
  • When a social good is put it out on the open market, it first becomes lesser in value, and then it becomes higher in price.
  • They aren't making profits in the open market, they're making profits from government subsidies of higher education.
  • Given the wide open market that smart metering represents, even technology service providers are trying to get in on the action.
  • Fletcher trades on the open market for his own account and on behalf of client companies.
  • It may well be several years before all of these shares are trading on the open market.
  • It makes much more sense to buy the equipment that is available on the open market and use that.
  • If you want to make money off of something, sell it in the open market.
British Dictionary definitions for open market

open market

noun
1.
  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
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