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

Etymology

Origin of open market

First recorded in 1760–70

Example Sentences

Mudrick Capital was one of the firms that actually made money on the meme stock phenomenon, by lending firms money and buying their debt on the open market for pennies on the dollar.

From Barron's

This week, Venezuelan officials said they had received an initial $300 million in proceeds from the U.S., which took control of 50 million barrels of Venezuelan oil earlier this month to sell on the open market.

From The Wall Street Journal

Since Berkshire doesn’t give stock compensation to its executives—or any employees—management and the board need to buy shares in the open market.

From Barron's

Powell can choose to remain a voting member of the Federal Open Market Committee until January 2028.

From Barron's

The point is that you agreed not to sell the home on the open market, so the “fair market value” was always going to be an issue of contention.

From MarketWatch