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

Unprocessed marijuana typically can fetch more than $600 a pound on the open market, depending on the category, but manufacturers often report to the state’s tracking system unrealistic nominal sales, often as low as a penny or dollar a pound, Lambert said. —Christopher Osher, ProPublica, 15 May 2026

The price of jet fuel on the open market is now over $4 a gallon. —Jim Edwards, Fortune, 14 May 2026

Kontoor Brands’ surprise announcement last week to divest Lee from its portfolio puts the denim brand, which has projected sales of $750 million this year, on the open market. —Angela Velasquez, Footwear News, 14 May 2026

Veteran linemen Brady Christensen and Jake Curhan remain on the open market, but Christensen is recovering from Achilles surgery. —Mike Kaye updated May 14, Charlotte Observer, 14 May 2026

Rhymes for open market

• aftermarket
• patriarchate
• supermarket
• nonmarket
• premarket
• upmarket

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