Definition of 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?
Keep scrolling for more
standardized text or formulaic language
Get Word of the Day daily email!
Love words? Need even more definitions?Merriam-Webster unabridged
Words at Play
Ask the Editors
- On Contractions of Multiple Words
- A Look at Uncommon Onomatopoeia
- Is Singular 'They' a Better Choice?