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open market
noun
- an unrestricted competitive market in which any buyer and seller is free to participate.
open market
noun
- 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
- ( as modifier )
open-market value
Other Word Forms
- p-k adjective
Word History and Origins
Origin of open market1
Example Sentences
“Howard Lutnick has agreed to divest his business interests in Cantor Fitzgerald, BGC Group, Inc. and Newmark Group, Inc. to comply with U.S. government ethics rules and does not expect any arrangement that involves selling shares on the open market,” according to a company statement in February.
Powell had little to share with reporters, as the Federal Open Market Committee declined to make any adjustments to interest rates following a two-day meeting in Washington, D.C.
Now he is poised to hit the open market.
The permission was granted to gauge Stafford’s value on the open market and did not rule out a possible deal with the Rams.
Cambridge-based auctioneers Cheffins said the Cedric Morris artwork, which had never been sold on the open market before, fetched £162,500 and showed the artist's "continued popularity".
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