open market

noun

: an economic market in which prices are based on competition among private businesses and not controlled by a government : free market
How much is it worth on the open market?

Examples of open market in a Sentence

Recent Examples on the Web With Torres heading to the open market and unlikely to return, Chisholm could be a second base option for the Yankees next year, if not sooner. Gary Phillips, New York Daily News, 28 July 2024 But parent company Warner Bros. Discovery did not renew its package during an exclusive negotiating period, enabling the league to put it out in the open market. Stephen Battaglio, Los Angeles Times, 26 July 2024 High restoration costs prompted its owners to contemplate selling it to developers on the open market to become high-end apartments. Troy Aidan Sambajon, The Christian Science Monitor, 7 Aug. 2024 Barkley already had moved on mentally once GM Joe Schoen told him to bring back his best offer on the open market, rather than putting a Giants contract on the table first. Pat Leonard, New York Daily News, 23 July 2024 See all Example Sentences for open market 

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Cite this Entry

“Open market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/open%20market. Accessed 2 Oct. 2024.

Legal Definition

open market

noun
: a freely competitive market in which any buyer or seller may trade and in which prices are determined by competition
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