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

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Soto just turned 26 late last month, putting him in prime-of-his-career position to cash in on the open market. David K. Li, NBC News, 13 Nov. 2024 But now that the slugger is on the open market, anything can happen. Thomas G. Moukawsher, Newsweek, 5 Nov. 2024 For older workers or people in poor health, supplemental life premiums may be lower than an individual policy on the open market. Liz Knueven, CNBC, 4 Nov. 2024 The list of players on the open market also includes Juan Soto, the 26-year-old superstar set to receive a contract in excess of $500 million — if not $600 million. Justice Delos Santos, The Mercury News, 1 Nov. 2024 See all Example Sentences for open market 

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“Open market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/open%20market. Accessed 24 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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