open market

American  

noun

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

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open market British  

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

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Other Word Forms

• open-market
  adjective

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Etymology

Origin of open market

First recorded in 1760–70

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Example Sentences

See Examples For:

open market

For Manuel Navarro, 32, who earns around 800 euros a month doing odd jobs, renting on the open market is out of reach.

From Barron's ● Oct. 15, 2026

Companies that buy back their stock in the open market reduce the number of shares outstanding, which helps boost earnings per share.

From MarketWatch ● Sep. 29, 2026

He appears to have switched from reporting the properties’ assessed values, which are set by the local county, to the loftier estimates of what they would fetch on the open market.

From Salon ● Sep. 5, 2026

They often stay in the same family for generations, though a handful sell on the open market each year.

From The Wall Street Journal ● Sep. 4, 2026

I watch the piece-worker women march one another to the open market half a day’s walk from where they live.

From "Krik? Krak!" by Edwidge Danticat

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