open market


: 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 The custom coupe is believed to be the first Ferrari Special Projects vehicle to hit the open market. Bryan Hood, Robb Report, 3 May 2024 As with most hype-watches, there are usually some shenanigans involved in getting one on the open market, and there are often a handful of bad actors looking to take advantage of someone’s horological lust. Allen Farmelo, Robb Report, 12 Apr. 2024 Although the Zimmerman house was never listed on the open market, the property was quietly sold last January, just months after Hilda’s death, for $12.5 million. James McClain, Robb Report, 8 Apr. 2024 If there is no agreement, sell the home on the open market. Pat Kapowich, The Mercury News, 16 Mar. 2024 That process should remove several of the most formidable options from the open market. Michael Middlehurst-Schwartz, USA TODAY, 14 Feb. 2024 Baltimore has nearly two dozen players set to hit the open market, notably inside linebacker Patrick Queen and defensive tackle Justin Madubuike, who leads all NFL interior linemen with 13 sacks. Brian Wacker, Baltimore Sun, 6 Jan. 2024 That's a break with traditional IPO practice, in which initial shares are typically sold to institutional investors and fund managers who then begin trading the stock on the open market. David Hamilton, Quartz, 12 Mar. 2024 Negotiations on the open market begin Monday at 9 a.m., and deals can not be executed until Wednesday, although the 49ers can re-sign their own ahead of time. Cam Inman, The Mercury News, 8 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'open market.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Open market.” Dictionary, Merriam-Webster, Accessed 23 May. 2024.

Legal Definition

open market

: a freely competitive market in which any buyer or seller may trade and in which prices are determined by competition
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