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open market

an unrestricted competitive market in which any buyer and seller is free to participate.
Origin of open market
First recorded in 1760-70
Related forms
open-market, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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Examples from the Web for open market
Contemporary Examples
Historical Examples
  • It was almost like going to an open market for fish, except that there was nothing to pay for them.

    Two Arrows William O. Stoddard
  • Possibly he had been hasty in releasing them to the open market.

    Final Weapon Everett B. Cole
  • The stockbroker says to the public: My dear sir, here is an open market.

  • The usual apples on the open market are not the kind I have here tried to describe.

    The Apple-Tree L. H. Bailey
  • I see no reason why we should not do the same when we go into the open market to buy ideas.

    The Great Gray Plague Raymond F. Jones
British Dictionary definitions for open market

open market

  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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