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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The gift in question is a plot of land in downtown Miami owned by Miami Dade College, last appraised at $67 million but which could fetch as much as $250 million on the open market. Jonny Diamond, Literary Hub, 30 Sep. 2025 The billionaire investor started buying Occidental common stock in the open market in early 2022 after reading a transcript of the oil company's earnings conference call. Yun Li, CNBC, 30 Sep. 2025 It’s kept young players as productive as Reaves from hitting the open market. Dan Woike, New York Times, 29 Sep. 2025 The European Union, which was founded on open market principles, just completed an agreement with Indonesia that reduces tariffs to zero on 80% of imports. Christopher Smart, Time, 25 Sep. 2025 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 4 Oct. 2025.

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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