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 Trump currently owns about 114.5 million shares, a stake so large that selling it on the open market would almost certainly lead to a fire sale. Paolo Confino, Fortune, 25 Oct. 2024 Beyond streamers, Spanish fiction continues doing business on the open market. Emiliano De Pablos, Variety, 21 Oct. 2024 Others, like Honey’s, were dissected with scalpels and bone saws, to be distributed on the open market. Mike Hixenbaugh, NBC News, 16 Sep. 2024 The city had to buy water on the open market at exorbitant rates to keep residents’ faucets flowing. Melissa Gomez, Los Angeles Times, 28 Sep. 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 5 Nov. 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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