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 One of the most intriguing free agents still left on the open market appears to be heading for a divorce from his most recent team this summer. David Faris, Newsweek, 10 July 2024 An iconic Shelby Cobras is about to hit the open market. Bryan Hood, Robb Report, 1 July 2024 Loading your audio article Warriors fans might be fretting, but Golden State shouldn’t fear Klay Thompson going onto the open market in free agency. Dieter Kurtenbach, The Mercury News, 25 June 2024 Private-home owners can sell their private property, buy an HDB flat on the open market, and pocket the difference. Orianna Rosa Royle, Fortune Asia, 24 June 2024 See all Example Sentences for open market 

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Cite this Entry

“Open market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/open%20market. Accessed 27 Jul. 2024.

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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