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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Both Singleton and Strnad could command around $5 million to $7 million annually on the open market, a league source told The Post on Tuesday. Luca Evans, Denver Post, 25 Feb. 2026 By the end of the week, the Patriots might have a feel for how much, say, Alec Pierce will command on the open market as the top free-agent wide receiver. Andrew Callahan, Boston Herald, 24 Feb. 2026 Jahan Dotson is scheduled to hit the open market. Brooks Kubena, New York Times, 23 Feb. 2026 Putting it all together The first study showed that the open market is not setting efficient retail rates and is not working as intended. Noah Dormady, The Conversation, 18 Feb. 2026 See All Example Sentences for open market

Browse Nearby Words

Cite this Entry

“Open market.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/open%20market. Accessed 5 Mar. 2026.

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
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

More from Merriam-Webster